rdp1

Using Closed-End Funds vs. Master-Limited Partnerships

very cute when you eliminate already published comments which exhibit what idiots write for this site.

Kinder Morgan's Dividend Payout Rate Is Unsustainable

Hard luck story....I bought my first shares of
KMP in April 2000 at a split adjusted price of 19 when the MLP was paying 32.5 cents per
share. Today KMP is 52 and pays 1.05 quarterly. Over the years I have added to the position, so my average cost is 31. In 9 years I have received approximately my cost back in distributions and paid a small amount of taxes. KMP is up over 50 % and the distributions add another 100 %....
and I still hold the security. And this is at a time when the DOW and S&P are down...
I love KMP and I especially love Rich Kinder.
Paul, suggest you request Seeking Alpha have more customer testimonials to the beauty of investing in MLP's, because obviously you have no idea what you are writing about. Perhaps an MBA might be in order...or some common sense.

Kinder Morgan's Dividend Payout Rate Is Unsustainable

Paul: suggest you "try" to learn the difference between a royalty trust and a
master limited partnership. you simply mislead investors by being so er---dumb.
a royalty trust in the main owns resources and depletes them. thus the trust is in the exploration business, while the mlp, like KMP, is a transporter of the oil or gas, etc. MLP's ransportation rates are set by the US government allowing for a reasonable profit, but the royalty trusts are
only as good as the assets they discover.
Snd most of them are, as stated above, in Canada and the Canadian government changed its tax laws a couple of years ago and destroyed these companies.
how you earned the right to publish the garbage you wrote is beyond me.

Why Buy MLPs?

Thanks Mmarrkk,
I will call my CPA next week.
To: CT Programme....the only way out of paying taxes I am told, is to die. Then the cost basis goes to stock price as of date of death or 6 months later.

Why Buy MLPs?

I have a question: I, too, have held KMP and other MLP's for years and am happy, indeed.
My KMP cost basis will be zero in 2009.
However, i did not know that when the cost basis falls below zero that i would have to begin paying for dividend income at that time.
Are you certain of this provision?

TEPPCO Partners: Dividend Analysis

Big Mistake in this article. TPP never split in 2008. The stock did split in 1998.
Doesn't anyone proofread this guy?