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 - Talk of the Town: Trailerin a Tractor, Chains or Straps? - by Staff. Another great discussion from the Tractor Talk Discussion Forum. The discussion started out with the following post: " I bought a trailer and plan to take my CASE VAS to some shows. I don't yet have anything to secure it to the trailer. So which is better to buy and use; the ratchet-type straps or binders and binder chains?
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