I see it as "phantom" income, because, as you say the dividend was automatically plowed back into the fund. However at the end of the day- (or year rather) the proceed or dividend wasn't enough to offset the loss of value of the stock. It's like this, suppose you give me $1,000. I slice off $50 from your $1,000 and tell the government you "made" $50, but meanwhile your $1,000 depreciates to $925. That's phantom income in my book. Our govn't tells us we should save for our future, not count on social security, and this is how it goes. Sorry for whining. I'd just be staying away from the stock market...
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Today's Featured Article - New Hitches For Your Old Tractor - by Chris Pratt. For this article, we are going to make the irrational and unlikely assumption that you purchased an older tractor that is in tip top shape and needs no immediate repairs other than an oil change and a good bath. To the newcomer planning to restore the machine, this means you have everything you need for the moment (something to sit in the shop and just look at for awhile while you read the books). To the newcomer that wants to get out and use the machine for field work, you may have already hit a major roadblock. That is the dreaded "proprietary hitch". With the exception of the
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