Mohacsy's Safe Portfolio Member Forum

[Elroy Jetson]

I have position in five Mid-Stream Partnerships: EPD, ET, HEP, MMP, and MPLX.

I also hold a non-partnership Mid-Stream TRGP.

All of these are extremely volatile and, for me, not suitable for trading.

But the dividends have been attractive since four years ago. An equal value position in each provides an 8.4% return.

The partnership holdings are extremely limited in ROTH and IRA accounts to avoid dividends exceeding $1,000 per account, so a small amount spread over several brokerages.

But tax-free accounts so avoid the nuisance of K-1 returns and the changing basis associated with returns of capital.