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Are federal financial plans sustainable?
The problem with the high-yielding trusts is that the yield is quite often not very sustainable. Especially in the energy trusts. The past 5 years of investing in the broad TSX index on credit has been a disaster for investors. Considering that the TSX index was 15,200 5 years ago and today is barely touching at 13k. Even dividends havent been adequate to make the interest payments.
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