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Jeez another "MLPs are spooky vehicles" piece. Just because the whole sector is down big this year doesn't suddenly make everything in it a bad or questionable investment. Sure there are many MLPs that likely will die off and/or suffer bigtime, and many of them are held by the clueless masses looking only at the yield percentages (you reap what you sow!) but there are still several solidly run, conservative ones that 99.99% are expected to survive and thrive and be of service to unitholders for a long time to come. EPD, SEP, KMI come to mind -- I own the first 2, actually.
Thanks for all these ridiculous articles on MLPs lately and other factors that allowed me to add to ETE (which will now be the largest pipeline/energy infrastructure company with the purchase of WMB) at $19 the other day.
Brookfield will spin-off another MLP next year - their private equity division.
If I didn't want to limit the amount of MLPs I own I would have added to EPD. I will probably not be into the upcoming Brookfield spin-off, but will continue to own BIP and especially BPY.
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Brookfield will spin-off another MLP next year - their private equity division.
If I didn't want to limit the amount of MLPs I own I would have added to EPD. I will probably not be into the upcoming Brookfield spin-off, but will continue to own BIP and especially BPY.