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31October » Comments » BPL

  • Stocks to Help You Avoid the 7 Deadly Sins of Income Investors [View article]
    Try FCX.PR.M:
    1. China is bulking up on copper.
    2. FCX profits from limited & depleting resources.
    3. Copper & foreign currency reserves hedge against latent inflation
    4. Pays a 10.2% dividend, which just gets better if copper demand drops.
    Apr 29 12:48 pm |Rating: +1 -1 |Link to Comment
  • Why Buy MLPs? [View article]
    The tax issue is so heinous that I would completely avoid these wonderful ivestments. I have royalty trusts, RIETs, and MLPs. A single MLP causes delayed filing. If you think you are done with 2006 taxes, you will be opening that pack and searching old records through 2009. Then the IRS field office will have more questions. And since the agents are totally confused, the approval from the 2007 audit will be reversed. Trust me, MLPs are nice and profitable, but your CPA will get the profits. I sold because I don't have time for the IRS. But if you sell at a fat profit, there is another issue regarding basis.
    Sep 18 11:45 am |Rating: +1 0 |Link to Comment
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