Friday, November 10, 2017

Latest Sell - Kinder Morgan

I sold out of my small position shares in Kinder Morgan (KMI). I purchased this in 2 batches, once back in September 2013 for $35.9 per share, and then again in September 2015 where i averaged down by paying $23.45 per share.

Sold out at $18.02 per share this week. A loss of about 44% on the entire batch. I did receive dividends all this while, which was about 11.6% of the invested amount, for an actual loss of about 33%. Ouch. It also reduces my yearly dividend income by about $26.

This does allow me to tax loss harvest and at least reduce the loss a bit more.

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