mplaut

Misguided Thinking on Natural Gas

You have nailed it: "...they’re huge income generators in an environment where yield’s hard to find."

Many of the MLPs with solid distributions pay a yield that is so high (more than 10%) that you can be happy with the yield as a yearly return on your money and you do not have to worry about price.

Yield is determined by analyzable aspects of the business. Price is a function of (mass) psychology. Which would you rather be dependent on?