tag:blogger.com,1999:blog-6097510160054715524.post2320963670682905030..comments2024-01-03T21:42:28.979-08:00Comments on DivGro: So Long, Seadrill FerdiShttp://www.blogger.com/profile/05008021146951839361noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6097510160054715524.post-87401382066545599862016-01-04T06:33:57.642-08:002016-01-04T06:33:57.642-08:00Thanks, David -- though I posted this one on New Y...Thanks, David -- though I posted this one on New Year's Day, I took the action way back in 2015 :-). Moving on!FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-30940448238608099222016-01-04T03:05:43.734-08:002016-01-04T03:05:43.734-08:00I feel your pain FerdiS!I feel your pain FerdiS!Davidhttps://www.blogger.com/profile/14609499335857922307noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-49208192693126912492016-01-02T13:16:15.075-08:002016-01-02T13:16:15.075-08:00It is important to do a thorough analysis of the s...It is important to do a thorough analysis of the stock post dividend cut. Perhaps there are good reasons for the cut. For me, the mere fact that a cut was deemed necessary changes my outlook for future prospects. In future, I'll sell and consider buying the stock (much) later if and when prospects look up, again...FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-45854170333943845952016-01-02T12:34:40.769-08:002016-01-02T12:34:40.769-08:00Selling when a dividend is cut is a good rule to h...Selling when a dividend is cut is a good rule to have. I typically do that, but for KMI, I haven't followed my own rule yet.Anonymoushttps://www.blogger.com/profile/15330040244289368427noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-4684482484899415512016-01-02T12:28:01.639-08:002016-01-02T12:28:01.639-08:00This is what I love about this community! Thanks f...This is what I love about this community! Thanks for the recommendation, Philip -- I just downloaded the book!<br /><br />Take care!<br />FerdiSFerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-27474776997155861672016-01-02T12:26:27.371-08:002016-01-02T12:26:27.371-08:00Thanks for reading and commenting, Keith -- you...Thanks for reading and commenting, Keith -- you're right, K-1s are a pain. I've been encouraged to rather pay someone to do my taxes and have them deal with the K-1s. That's an unattractive option for me. I feel most of the work is gathering documents. Filing with tax software makes the rest easy, except, of course, for taxes involving MLPs, which seem to have more exceptions than rules. Its rather sickening. <br /><br />BTW, there are funds with MLP holdings that deliver solid (higher) yields, which may be worth considering as an alternative. The funds take care of the tax complications...<br />FerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-86881502011352280202016-01-02T09:52:08.398-08:002016-01-02T09:52:08.398-08:00DivGro-Have you read the Single Best Investment bo...DivGro-Have you read the Single Best Investment book? If not I highly recommend it.<br /><br />Best returns! <br /><br />PhilipPhiliphttp://dividendsbuildwealth.comnoreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-76594395069793054832016-01-01T23:48:17.462-08:002016-01-01T23:48:17.462-08:00I can understand you wanting to "simplify&quo...I can understand you wanting to "simplify" tax time without dealing with those K-1s. They are a pain. I know it. I used to own KMP, ETP and EPD years ago and when they arrived which was always well into the new year it was a hassle to calculate and figure everything out. For my long term dividend growth portfolio I did not buy one MLP though I have some on my watch list. I may remove them sooner than later as I feel less compelled to buy into the sector now more than ever. Thanks for sharing your recent sell.DivHuthttps://www.blogger.com/profile/02437642929198374070noreply@blogger.com