Investors interested in yield (who isn't these days) should consider master limited partnerships (MLPs). These are a bit tricky, however, and you just can't load up on them in an IRA.
Here is the best article I have read in some time on MLPs by Steven Bavaria entitled "One Thing Jim Cramer Didn't Mention About IRAs." It explains the "UBIT" - unrelated business taxable income well and tells how to get around it.
Thoughts and observations for those investing on their own or contemplating doing it themselves.
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Sunday, September 4, 2011
Posted by Robert Wasilewski at 10:13 AM
Labels: DIY Investor, MLPs
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Glad I read this before I put any MLP in my IRA.ReplyDelete