market ace

Double-Digit Dividends: Linn Energy, Dow Chemicals, 40|86 Strategic Income Fund

I get so sick of people touting these PTP's like LINN as paying high "dividends" when in fact they are losing money and have no profits from which to pay dividends. Any payments they make are therefor just a return of capital or from borrowings, so you are not making any money. Further the tax accounting for these entities is a nightmare and big investors and entities will not touch them so their chance of big gains is limited. You can have your LINN energy.