AMJ: New ETN Offers More Access to Master Limited Partnership Market [View article]
Prarie Dog is right. The tax stuff is no big deal (especially if you use a tax prep. software.) Plus - why assume the additional risk of an ETN-- just buy a basket of the most established MLPs., and maybe mix in some of the royalty trusts for additional depletion benefits.
On May 08 08:37 AM prairiedog555 wrote:
> I would never buy an ETN. (Taxs, trust JPM) I don't think so. Also > if you just pick the leaders out of the upstream, midstream(best, > safest, KMR) and downstream categories you can create your own index. > With no fees. > Also, don't be dismayed by that K1 tax hassel chestnut. It is very > easy to get info provided by the MLP and easy to port into Turbotax. >
AMJ: New ETN Offers More Access to Master Limited Partnership Market [View article]
On May 08 08:37 AM prairiedog555 wrote:
> I would never buy an ETN. (Taxs, trust JPM) I don't think so. Also
> if you just pick the leaders out of the upstream, midstream(best,
> safest, KMR) and downstream categories you can create your own index.
> With no fees.
> Also, don't be dismayed by that K1 tax hassel chestnut. It is very
> easy to get info provided by the MLP and easy to port into Turbotax.
>