08-12-2014, 03:42 PM
I was expecting to hold KMR 'forever', not paying any taxes unless I decide to sell some shares, and maybe pass it on to my heirs with a very healthy step up. So much for well made plans.
However, I think this change will make KMI a much stronger company, and in the long run the benefit will flow to me in the form of growing qualified dividends. Just not entirely in the form that I was expecting.
This is a good illustration of the fact that you cannot set your portfolio on autopilot and expect it to perform flawlessly, no matter your age or the stage of your life.
However, I think this change will make KMI a much stronger company, and in the long run the benefit will flow to me in the form of growing qualified dividends. Just not entirely in the form that I was expecting.
This is a good illustration of the fact that you cannot set your portfolio on autopilot and expect it to perform flawlessly, no matter your age or the stage of your life.