Seeking Alpha

Avi Morris » Comments |

Sort by:
Latest | Highest rated
  • Why Buy MLPs? [View article]
    I'm new to comments, but the comment above is from me. Today at my blog:
    verysmartinvesting.blo.../
    there is commentary on the Alerian MLP index falling to a 2 year low!
    Sep 09 15:27 pm |Rating: 0 0 |Link to Comment
  • Why Buy MLPs? [View article]
    After being an investor all of my adult life, I only began following MLPs since last year, prior to the 342 peak for the Alerian MLP index. I was attracted by their high yields and tax efficiency. Partially because of tax hassle on distributions, I held back investing. But I've learned a lot about the business.

    Buying MLPs for IRA's is tricky. Congress passed an exception which can be haunting, such investment income has to be under $1000 per year. If it goes over, tax problems are a very big pain. As a result, my broker, and suspect many others, do not permit buying limited partnerships in IRAs. However, stock equivalents or closed end funds are permitted because they are just stocks.

    I am not an accountant, only an amateur with street knowledge. All personal tax issues should be taken up with a professional accountant.

    My blog:

    verysmartinvesting.blo.../

    generally gives at least a mention for MLPs daily, today (Sep 9) much more. More readers are always welcome.
    Sep 09 11:23 am |Rating: 0 0 |Link to Comment
Comments by Ticker
Avi Morris'
Comments Stats
2 comments
Rating: 0 (0 - 0 )