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stink726 » Comments » GE

  • 15 High Dividend Stocks: Are These Yields Sustainable? [View article]
    otctrader - Thanks for the info and explanation.
    Oct 09 12:17 pm |Rating: 0 0 |Link to Comment
  • Emotionless Dividend Investing [View article]
    mbkelly75 - Thanks for the info.
    Oct 08 13:26 pm |Rating: 0 0 |Link to Comment
  • 15 High Dividend Stocks: Are These Yields Sustainable? [View article]
    mbkelly75 - I'm confused over the concept of having zero cost basis; maybe you can help me understand it. As an example, if I'd bought 1000 shares of GE at $6.00 and sold 500 at $12.00, I would have reported a sale of $6000 on my tax form with a basis [500 shs times $6.00] of $3000. The remaining shares still have a basis of $6.00 per share, don't they?


    On Oct 07 10:32 AM mbkelly75 wrote:

    > You might keep in mind that when a solid company (GE is a good example)
    > cuts it's dividend - it can be a wonderful time to buy it right after
    > it takes the almost guaranteed price drop in it's share price. GE
    > dropped hugely - and their only reason for the drop was to maintain
    > the company's good health. I bought it around $6 (with even it's
    > lowered dividend around 9%) and sold enough of the shares to pay
    > all my costs and expenses around $12 and ended up with the shares
    > left over being zero cost-basis (free) shares. They will not be in
    > my core portfolio again until they have had 5+ years of raising that
    > dividend again - but I still have a great stock paying an outstanding
    > dividend in my exploration portfolio no matter what happens from
    > here.
    Oct 07 15:20 pm |Rating: +1 0 |Link to Comment
  • Emotionless Dividend Investing [View article]
    mbkelly75 - Why can't dividend reinvesting ever raise your cost basis? As an example, if I buy 100 shares of a $25 stock which then rises to $30 before the first dividend is reinvested, those new shares will have a $30 basis bringing the entire group slightly higher, won't they? Or am I missing something?


    On Oct 07 11:47 AM mbkelly75 wrote:

    > Dividend re-investing (especially when done
    > commission-free as my broker does for me) always lowers the cost-basis
    > - it NEVER raises it.
    >
    Oct 07 14:45 pm |Rating: +1 -1 |Link to Comment
  • Wounded Peacock: GE Debates Selling or Spinning NBCU [View article]
    Interesting article; thanks.
    Sep 21 15:10 pm |Rating: +1 0 |Link to Comment
  • TV Business Models: A Problem Even Jack Bauer Can't Solve [View article]
    Very interesting article; thanks.
    May 18 15:50 pm |Rating: 0 0 |Link to Comment
  • Six Ways to Improve Broadcast Television [View article]
    Good article, interesting and informative. Thanks for writing it.
    Feb 02 14:23 pm |Rating: 0 0 |Link to Comment
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