SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
E_K_S
To: E_K_S who wrote (71685)12/6/2022 9:30:54 AM
From: Spekulatius1 Recommendation   of 78753
 
re ENB- saw that correction later.
The problem with MLP's that if you buy them, you basically marry them. It can be great if they work out, but if you hold them longer, then the reduction in base really can cause huge tax issues once you sell them.
Also, to make it worth while from a return basis, the position has to be reasonably large. I hate filling out a K-1 form for just $5K in invested capital each year. Not worth it.

Some here have day/sing traded them, but that also causes tax hassles and I rather do that with C-Corp stocks.

I had some successes with WPZ back in the day (purchased around $10 during the 2015 meltdown) and sold for $30+ when they folded it back into WMB, plus substantial distributions along the way. my biggest winner was LAACZ which was a 10x based on my initial purchase and 5x for subsequent once plus distributions.
that one was a neversell for me, but it was bought out (for a nice premium luckily)

Right now, i don't hold any MLP's and have no inclination to do so either.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News