Chancer

Answers to Recent Questions: Taxes, K-1s, MLPs, and Why These 7 Pipeline Companies

If you own a pipeline MLP like KMR, you receive quarterly distributions in stock.

Your average cost (tax basis) declines every quarter with additional shares.

There is no K-1 to hassle with.

If you need cash, you can sell shares. Taxes will be capital gains (which can be offset with tax losses).

I only wish their were more MLPs that paid in stock like KMR.

The Nine Best Natural Gas, Oil Pipelines for Income and Capital Gains

I like KMR because you receive the dividend in shares.

No K-1. No tax until you sell, and that will be capital gain.

Every time you receive the stock dividend, your average cost (tax basis) goes down.

Global Warming: Investment Implications

The reason there is scientific "consensus" is that there is a lot of grant money in pro-global warming science and very little money in anti-global warming science. In addition, as Crichton has said, those who dare to publicly speak against the global warming "consensus" are attacked with no mercy. Crichton said it took a toll so great on him that he dare not speak of it again.

Science has become a slave to money. You can no longer trust science as explained by scientists. Now, you have to examine their motivation just like with politicians. From now on, you have to question scientific pronouncements with healthy skepticism. The fact that there is scientific "consensus" is a reason to doubt- not believe. The skepticism is that they all sold out.