I made a big decision to drop entire position of IBM,WMT,BBL,TAL and KMI from my portfolio. The reason is for tax harvesting. I had a big paper gain in Japanese yen despite that in reality there was a just small profits in US$ because of yen’s dramatic depreciation against US$ for the last three years.
As a result, I realized more than $5,000 loss and my forward gross annual dividend income is expected to shrink to $13,027 from $14,429.24.
In the short term, a damage is big, but I believe that I made a right decision to make my dividend growth portfolio more sustainable.