FYI: The Alerian MLP Index, a leading measure of the performance of these income-paying energy companies, fell 5.7% on Sept. 28 and another 5.8% the next day. At that point, the index was down 22% for the month and 36% for 2015. Then, over the next week, it shot up 20%.
That bone-shaking volatility is just the latest evidence that there’s a huge difference between understanding your investments and thinking you understand them.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2015/10/09/why-falling-oil-prices-startled-mlp-investors/tab/print/
