NorCalSavant

If you have cash sitting in your checking or savings account earning a measly one-half percent, you might be able to earn as much as 6% on a checking account.  Unbelievable?  It is true at the many so-called rewards checking accounts.  These are typically offered by small community banks and credit unions trying to lure [...]

Since I wrote last about the Penn West Energy Trust (PWE) almost 2 months ago here and here, the price of oil has gone down even further.  After dipping to a low of about $33 per barrel, it is now at about $40 per barrel.  Canroys’ stock prices have taken more beating, and PWE is [...]

Once upon a time, Joe the plumber (yeah the same one, our much bandied recent alter ego) had to pay his respects at a big tall building with expensive furniture otherwise known as the neighborhood bank and smilingly accept small fractions for interest rate on his savings account because that was all that was available.
With [...]

The Penn West Energy Trust closed today at $16.96, about a dollar up from the closing price on October 28.  The Canroys seem to be tracking the Dow Jones and the stock market in general.  It makes sense in that the Dow is tracking the economic growth expectations in the market.  If the economic growth [...]

Got some cash sitting in the bank in your savings or checking accounts?  Historically, you could have invested that extra cash in a CD at a bank for a little higher interest rate than that from the savings or checking account.  But now there is another option where you can get even higher returns.
With the [...]

Penn West Energy Trust is one of largest Canadian oil and gas royalty trusts listed on the NYSE. Its estimated production for 2008 is in the range of 195,000 – 205,000 barrels of oil equivalent (boe) per day. At the end of 2007, it had an overall reserve-life-index (RLI) of 10.5 years. Its current management [...]