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Author: ethan1234 Two stars, 250 posts Old School Fool Mission Olympia 2 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 22115  
Subject: Re: Longest held position Date: 2/10/2013 11:33 AM
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I rarely post but I'm usually around. My longest position was KMP purchased around 1997 by my dad when I was 17. I sold it in December because of my tax situation and put the majority of the money in KMI. Over the years I had mostly reinvested the distributions but occasionally had them paid to cash.

1) My x position grew to 10x over 15 years
2) The units paid out 2x of my original investment
3) The distributions purchased multiple other stocks (pretty sure I should have just reinvested everything. Way too complicated to look back at what did well)
4) The distribution when i sold was about 0.5X of my initial investment.
5) CAGR was somewhere around 17%.


p.s. I'm still thankful my parents taught me the value of building up a finacial engine and letting the money do the heavy lifting.
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