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OLD NO.7

04/07/11 6:19 AM

#34348 RE: 1step #34347

I believe they recommend the commodity ETF DBC which is actually like a MLP (limited partnership) with the following reporting requirements:

Rather than receiving a summary form 1099 at the end of the year, investors will receive a schedule K-1 to report their portion of the company's earnings. So, even if investors do not sell their shares, they may have to report an amount that is taxed as ordinary income.

I believe others also use this ETF?

Do you find these limitations or extra tax requirements a problem. I know the one thing I don't want is more paperwork.

Are there other commodity investment ETF's or MF that are different?

Larry G

2040forsight

04/09/11 8:42 PM

#34357 RE: 1step #34347

hello 1step


I usual check in on the week ends.

thanks for the info.

if I have prpfx what part of your pp is an overlap.

or how do I just add parts of his ivy fund to round out the prpfx.

I see you also are like me less experienced so maybe others can

answer if you can't

Thanks for thinking of my past posts.