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#1
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| Rich Carreiro wrote: - quote - > And heck, back in the investment club
That's why I specifically noted DRIPs as having a similar complication.> hayday, DRIP plans were all the rage. -Will william dot trice at ngc dot com |
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| Will Trice <me[at]invalid.com> writes: - quote - > Rich Carreiro wrote:
No. :-)> > A capital gain distribution no more "complicates" the basis of > > a mutual fund than an ordinary dividend "complicates" the basis > > of an individual stock. > You're right, of course. What I really meant is that the automatic > reinvestment of capital gains distributions that often occurs when > investing in funds complicates the tracking of the basis of individual > shares of the fund that are owned. Is that better wording? Many (most?) brokers will allow free reinvestment of dividends from individual stocks. And heck, back in the investment club hayday, DRIP plans were all the rage. Either way, they'll "complicate" things for individual stocks as much or as little as distributions "complicate" things for mutual funds. -- Rich Carreiro rlc-news[at]rlcarr.com |
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#-1
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| Rich Carreiro wrote: - quote - > A capital gain distribution no more "complicates" the basis of
You're right, of course. What I really meant is that the automatic> a mutual fund than an ordinary dividend "complicates" the basis > of an individual stock. reinvestment of capital gains distributions that often occurs when investing in funds complicates the tracking of the basis of individual shares of the fund that are owned. Is that better wording? -Will william dot trice at ngc dot com |
| Tags |
| funds, mutual, worth |
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