Enterprise Products Partners LP (EPD)

[pete807]

Good points both. There are not a lot of followers posting here but I suspect a lot read this board. Thanks for posting!

No need to follow as it is not going anywhere, (Yogi Berra would say that, and as you can see by my Default Signature I loved his smarts. But it moves slow precisely because it is very big, safe and "boring". Over 1200 institutions hold it. Stability means well managed growth with conservative management and plenty of cash held back in case of the unforeseen.

K1's -easier than ever with information on line. you or your accountant have no worries
EPD has a great record of increasing distributions.

I think of EPD as a place to park money I hope I will never need, so you have to have lived under your means to get here. And living below your means is the key to happiness in life, IMHO

Stepped up cost basis for those that inherit is the last best reason and the perfect end game.

Best of luck and wishes
-pete

Oh and yes I think oil is headed up again.