Contrarian Value Ideas

[gfp927z]

Derf, >> MMLP <<

I think these energy limited partnerships can be a big hassle at tax time (Form K-1, etc). They can have great yields, but as I understand it, many limited partnerships will have a limited lifespan, and by design they will eventually be wound down and closed, although it varies from LP to LP. I looked at them years ago, but decided to go with the regular pipeline stocks like ENB and TRP. These have phenomenal yields (currently over 7%), but the charts tend to be volatile and lag the broader market. Therefore much of the total return will come from the high dividend, so it's a trade off.

Here's my Energy Sector board (below), which has been neglected, but still might be worth checking out for ideas. In the Ltd Partnership section, I think some of these have been wound down. As I recall, even in an IRA some of the LPs can still cause tax headaches, so best to research in depth before jumping in :o)


https://investorshub.advfn.com/Energy-Sector-Ideas-25494




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