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  • 6 Dividend Stocks for Current Income [View article]
    I also like KMR for a taxable account. The distributions buy more shares every quarter without more cash investment. Your cost (tax basis) also declines with the additional shares. You do not pay any (capital gains) taxes until you sell


    On Oct 21 03:31 PM Old Rick wrote:

    > On your KMP recommendation, note that Kinder has another issue (seekingalpha.com/symbo...)
    > that pays dividends as quasi-stock splits thus avoiding the potential
    > tax consequences of an LP and making it suitable for a tax favored
    > account. The other advantage is that KMR trades at a slight discount
    > to KMP while the dividend is essentially equal.
    Oct 23 20:31 pm |Rating: +2 0 |Link to Comment
  • 6 Dividend Stocks for Current Income [View article]
    I also like KMR for a taxable account. The distributions buy more shares every quarter without more cash investment. Your cost (tax basis) also declines with the additional shares. You do not pay any (capital gains) taxes until you sell


    On Oct 21 03:31 PM Old Rick wrote:

    > On your KMP recommendation, note that Kinder has another issue (seekingalpha.com/symbo...)
    > that pays dividends as quasi-stock splits thus avoiding the potential
    > tax consequences of an LP and making it suitable for a tax favored
    > account. The other advantage is that KMR trades at a slight discount
    > to KMP while the dividend is essentially equal.
    Oct 23 20:31 pm |Rating: +1 0 |Link to Comment
  • 6 Dividend Stocks for Current Income [View article]
    I also like KMR for a taxable account. The distributions buy more shares every quarter without more cash investment. Your cost (tax basis) also declines with the additional shares. You do not pay any (capital gains) taxes until you sell


    On Oct 21 03:31 PM Old Rick wrote:

    > On your KMP recommendation, note that Kinder has another issue (seekingalpha.com/symbo...)
    > that pays dividends as quasi-stock splits thus avoiding the potential
    > tax consequences of an LP and making it suitable for a tax favored
    > account. The other advantage is that KMR trades at a slight discount
    > to KMP while the dividend is essentially equal.
    Oct 23 20:31 pm |Rating: +2 0 |Link to Comment
  • A Crude 10 Year Perspective: The DJIA, Oil and Gold [View article]
    In the long run, I favor much more transportation from plug in electrics and hybrids more fuel efficient than those sold today.

    However, in the short run, we need to "drill baby, drill" going after all the offshore oil we can. The environmental policy is just plain stupid. We don't drill off Florida; but the Chinese do. We also gave money to Brasil for their offshore drilling. Feds need to open all coasts to offshore drilling regardless of what states want.

    We also need to eliminate enemy states from our suppliers. There exists a speculating risk premium in the oil price that it is all based upon nations unfriendly to the USA cutting off supplies to the USA. If we do not get oil from them, that risk premium goes away. This is a national security issue.
    Oct 20 15:09 pm |Rating: +1 0 |Link to Comment
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