RE:RE:RE:RE:RE:I’m doubling down when Luckyguy777 wrote: Jodoub,
Similar situation to you. I have more shares but a higher cost as I started buying at $6 and averaged down so I am around $3 cost. Super happy with management and happy with how things are going. I do agree with some that capital appreciation here may not be the same as some others but I get the life changing dividend every month.
At some point I will need to sell but I dont really want to pay the tax on the gain when the yield is as good as it is.
GLTA
You've hit on the dilemma for many. I'm very happy with the dividend but at some point in the future I'm going to move away from the volatility of oil stocks. But that capital gain tax is lurking. A couple of times looking back I'd of been better off selling, incurring the tax and looking for a pull back