Buy low, sell high.....examples
only as it applies to me of course everyone else can only relate based upon when they bought
EPD 31.00% 1 year.........12.53% YTD
EEP 31.31% Nov '13.......15.33% YTD
MWE 17.81% May '14.....5.55% YTD
NGLS 40.63% 1 year........28.09% YTD
HCLP 210.66% 1 year......60.9% % YTD
EMES 323.99% 1 year.....140.45% YTD
As you can see no wash rule's apply percentages are 1 year and YTD. all stocks indicated have been held at least 1 year or YTD except 2 which are indicated:several have been added to. This is just a sampling and is not a total indication of the total securities owned. Those listed all come with deferred taxes on the dividends, so currently no taxes are owed. The only security sold was a partial sell of EMES to recover my total investment and so any money made will be pure profit. Remember you cannot. Cash cannot be counted until sold, and while any value can go down one will probably like me sell before it gets to the break even point. Of course many are not smart enough to. Buy orders are in to increase holdings.
Also to buy newer securities.
This is how we do it! Easy to learn, for most.
What am I doing? I am buying more at a reduced price from the dividends that I am still getting regardless of the current price. Unlike their view of things I do not lose or make money on a day basis on the stock or unit price UNLESS I SELL! I am currently positive on all of my stock/units regardless what happens today.
Most stocks are lower today.
Have a Great Day.
My Optimistic Outlook
The rest of 2014 and 2015 - More success, with MLP returns in the high teens or rising even to 20%, experts say. Plus, distributions should grow 5% -7%, which in turn, represents 5%-7% price growth.
The forecast is just as optimistic through 2015, largely because of “very visible growth that you can see, the need for infrastructure and the increased demand from institutional investors,” Lannquist says. “Analysts can see over multiple-year periods the growth that’s going to occur, such as in pipeline construction. There’s a big backlog of capital expenditure. Analysts have been told by management that these projects are underway and that there should be a lot of growth.”
Investing in MLPs means investing in one of the most dynamic areas of today’s market. “There are billions in assets out there that aren’t in MLPs but that can migrate into the space over time,” Bellamy says. “We’re in the middle innings in the MLP space in terms of new areas of both growth and potential M&A.”
What’s more, “MLPs are a long-term investment in the build-out of our domestic energy infrastructure,” Feng notes. “It will drive continued stability and growth in cash flow this year and onward.”
As we approach the end of 2014 and into 2015 we can expect that the growth may slow down due to impending rises in interest rates. While the effect on midstream MLPs will be less affected, the outlook is still expected to be greater because of the build-out of the energy segment.
“The MLP is a very efficient funding mechanism and allows billions of dollars of capital infusion into domestic infrastructure, all of which ultimately results in lower prices to consumers,” the analyst concludes. That’s a strong public good and a cornerstone—the main goal—of the original legislation for the MLP. And you can’t argue—it’s been wildly successful.
The main thought that you should always remember is that it is YOUR CHOICE. You just should be AWARE of the options available.
And while they have an effect to today's unit price, I am not a day trader or a short timer
I still have the stock and this is a quarterly GIFT.
Of course some will not see that, but I am more concerned about ME and have NO CONCERN for them.
Their CHOICE and only they can be accountable.
Have an Awesome DAY! If you cannot YOUR FAULT!
CVR Refining Reports 2014 Second Quarter Results and Announces Cash Distribution of 96 Cents per Common Unit
Thu July 31, 2014 8:30 AM
CVR Refining also announced today a second quarter 2014 distribution of 96 cents per common unit. The distribution, as set by the board of CVR Refining GP, LLC, the general partner of CVR Refining, will be paid on Aug. 18, 2014, to unitholders of record on Aug. 11, 2014.
CVR Refining's second quarter cash distribution brings the cumulative cash distributions paid or declared for the first six months of 2014 to $1.94 per common unit.
2014 Third Quarter Operations Outlook
Based upon scheduled maintenance activities and the downtime associated with the July 29 incident at the Coffeyville refinery, the company anticipates total crude throughput of 165,000 bpd to 175,000 bpd for the 2014 third quarter. Please refer to the accompanying table for additional 2014 third quarter outlook metrics.
CVR Refining, LP is a variable distribution master limited partnership. As a result, its quarterly distributions, if any, will vary from quarter to quarter due to several factors, including, but not limited to, its operating performance; fluctuations in the prices paid for crude oil and other feedstock's, as well as the prices received for finished products; and other cash reserves deemed necessary or appropriate by the board of directors of its general partner. From a May buy I am also up $5.00 a unit.
This is a non-sale, no tax reward just for owning the stock. The MLP advantage and I still have the stock.
Have an Awesome day! Don't you love it when the REAL Notsosimple11 makes his appearance and exposes little howard the way he did. KUDOS for his powerful insight. He does not have to try to impersonate anyone, and is willing to present himself as a SUCCESS, as opposed to those who hide behind Mommas skirt and wish they could even be half that man he is.
Will equal $47,732 with 6 more to go.
While the markets were down today some of that can be attributed to the dividend x days announced yesterday and today. I am GOOD. Tomorrow for those interested I will try and continue my series of learning about MLPs. I know this will thrill many, but for some it will be of interest. My yahoo e-mail has filled up wanting to know more.
Will try and pick up some bargains and even out some of my existing positions.
When one invest they should always be on the lookout for opportunities, or as some call buying on the dips.
According to John Hunter someone stuck foot in mouth and got a foot in his backside.
I suppose that is what happens when you have to lie to even try and compete.
New Source Energy Partners LP
(NYSE:NSLP) .585 per unit.
The others include WBZ, VNR, HCLP, PFE
Have a Awesome day !
While these messages will TEACH you to be smarter about these investments, You need to do the research yourself. The purpose is to make you aware, and investors need to be aware of all options out there.
As for the retail landscape, where the bulk of MLP investors are, these partnerships are extremely well suited for many portfolios. The MLP is a long-term investment that can be depended upon not only for stable income, but also for growing distributions and tax deferral: Taxes are paid only when the units are sold.
Over the past 10 years, annualized MLP distribution growth has been nearly 7%, which has been the case for the first quarter of this year, as well. “MLPs offer a way to get a lot of current income and then defer paying taxes on them until you sell the shares,” says Pusateri. “And they’re a great way to transfer wealth, because under current tax law, you get the step-up of cost basis upon death. So if you hold them and pass them on to an heir, you never have to pay tax on the lower cost basis.”
MLPs are indeed appealing for a buy-and-hold investing strategy. “There are three pillars of attractiveness,” Reid notes. “They are yield, growth of distributions and inflation protection. With MLPs, you own real assets: pipelines, storage facilities—not a paper asset. And some of the contracts for MLPs are indexed to inflation, so you have a nice inflation component to grow the investment. It’s really a unique asset for many people.”
Historically, distribution growth has outpaced increases in the Consumer Price Index, writes Ashley Lannquist, a senior analyst of investment research at New York-based Segal Rogerscasey, in a recent report. “The Federal Energy Regulatory Commission grants many tariff-based MLPs the ability to annually increase their pipeline fees according to the Producer Price Index. This [escalator] allows MLPs to pass inflationary costs on to their customers and to potentially increase cash flow to investors,” she notes.
Have an awesome day!
Many are unsure where to find it.
Part of the evolution of the MLP space is tied to the broadening of the types of companies qualifying for the MLP structure, which the Internal Revenue Service is guiding via Private Letter Rulings. To meet the income threshold for an MLP, at last 90% of gross income must come from activities associated with natural resources, including oil, natural gas, coal, minerals, certain renewable fuels and industrial-source carbon dioxide.
Now, in addition to the midstream part of the energy value chain—mostly pipeline MLPs—there are more upstream and downstream companies going public as non-traditional or unconventional master limited partnerships. These include three nitrogen fertilizer companies, like CVR Partners, two refineries and one chemical company. There’s also SunCoke Energy Partners, an MLP that makes metallurgical coke, sponsored by SunCoke Energy.
Because their businesses are seasonal, some of the new MLPs pay quarterly variable-rate distributions, as opposed to the predictable quarterly distributions of traditional MLPs. In the last two years, six companies went public as variable distribution payers, bringing the current total to eight, according to Feng.
“Variable payers are riskier and have more volatility, but their yields are higher,” notes Greg Reid, a managing director of Salient Partners in Houston, as well as CEO and president of Salient’s MLP business, in an interview.
Most variable-rate MLPs—65% to 70%—are institutionally owned, Feng says. These investors aren’t seeking the stable income that traditional MLPs afford; they simply believe in a fundamental story or are looking for a secular trend in the asset class. For example, they may believe in the use of nitrogen fertilizer for farmland.
ALWAYS REMEMBER IT IS YOUR CHOICE TO INVEST. TO BE A SMART INVESTOR ONE SHOULD UNDERSTAND OR BE AWARE OF ALL OPTIONS.
From my perspective the MLPs have generated a much higher return with a much lower tax burden.
MarkWest Energy upgraded to Buy at Wunderlich • 2:58 PM
MarkWest Energy (MWE +0.4%) is upgraded to Buy from Hold with an $83 price target, up from $68, at Wunderlich after recently providing a positive operations update that should instill greater confidence about its execution plans.
The firm says MWE is developing a premier midstream footprint in the Marcellus and Utica plays, with 12 major projects under construction of which five are expected to be completed this year; much of 2014 capital needs already pre-funded, the firm adds.
As asset utilization ramps up, Wunderlich believes accelerating cash flows will generate a long-term and sustainable double-digit growth trajectory, with incremental project completions and contract announcements also providing further upside catalysts.
Have an Awesome Day!!!
Based on what Dave has posted is it any wonder that the scare tactics are being promoted by those with a tax and spend AGENDA. They must want to keep the very thought of TAX deferral or avoidance secrets or ideas away from smart investors who invest to make money.
People who are worried about a change in the tax law concerning MLPs, should worry a little less based upon what was in today's news.
“It just seems like every few days there’s an effort to try to invent yet another tax dodge,” Senate Finance Chairman Ron Wyden, an Oregon Democrat, told reporters at the Capitol today. “If you just sit on the sidelines and let that happen, you’re going to have two sets of tax rules in America -- one for the people who think up these tax dodges” and one for everyone else, he said.
U.S. Treasury Secretary Jack Lew, traveling today in Iowa, said it’s urgent to prevent inversions. “We are going to work as hard as we can and look at every tool that we can use to make the law different so that this cannot happen,” Lew said.
Meanwhile, there’s little sign of a legislative threat to the use of so-called “pass-through” companies, such as REITs and MLPs, neither of which pay corporate income tax. Instead, their owners pay individual taxes on their share of the company’s income.
One of the few Democratic proposals regarding pass-through's to get attention in recent years is one to expand the MLP rules to benefit renewable energy providers.
Now that does not mean to be complacent and ignore what could happen given the right circumstance. One should always have a plan for an exit strategy. This plan BTW should not commence the day after tax laws have been changed. What does this mean? PAY ATTENTION!
Have an AWESOME DAY!
The best way to purchase, just buy them directly into your regular brokerage account. It's the simplest and depending on the type of account you have it may come with some advice about MLPs. Not every broker has that knowledge or can provide the knowledge needed to help make good investment decisions. It would still do you good to research it yourself as well as this allows you to ask questions about the investment. You will also get a special tax form called a K-1 that must be filed with your tax returns and they usually arrive the last week in March. While you can do it yourself I would use an accountant.
Invest with a registered investment advisor that specializes in this type of investment or has the knowledge, because, there’s a lot to know; and, especially with a high-yielding investment, it's probably worth the small management fee to get at the best choices. Especially for upstream and downstream MLPs.
Any yield-oriented investment has some exposure to rising rates, but MLPs are largely protected because of the way they normally increase payouts over time; and that’s why they’ve historically outperformed fixed income instruments in periods of rising rates.
Income you earn from an MLP investment is strongly tax advantaged. It’s treated as a “return of capital” until you’ve gotten back the full amount of your original investment aside from being tax exempt and publicly traded, MLPs, and only MLPs, can carry on an active business. That distinguishes them from all other investments.
Remember it is your CHOICE
The number of ignored messages has increased this morning so that indicates that something has happened. So I will take it a step further and tell anyone to check what has been said by using the Internet to do a fact check. It's fairly easy to do and you can find out for yourself. This is something that may be of interest to you.
Earlier this year the Fed announced that the central bank will scale back its bond-buying program yet again, this time down to $55 billion a month, and eventually end it. Whenever this happens, it seems to send investors in master limited partnerships toward the exits. Ever since the Fed hinted at the idea of tapering off its bond-buying program back in May, the Alerian MLP Index (AMLP ) has gained a measly 2%. While increasing yields on U.S. Treasuries and other bonds can make master limited partnerships less attractive, don't let it completely lure you away from MLPs like Enterprise Products Partners (EPD) and Kinder Morgan Energy Partners (KMP) Not only have these companies soundly beat any return on Treasury bonds in the past 10 years, both have more than doubled the S&P 500 on a total return basis over the same time period.
MLPs that still raise their distributions quarterly is superior to a fixed rate at these low rates. Until bank rates paid on money is much higher investors will stay the course they are on. While interest rates have been low there was a period of time when there was no TAPER or QE as it was called however the MLPs still performed quite well. There are several web sites that discuss how the ending of the taper will affect or should affect your MLP investments. The other thing that gives them an advantage is deferred taxes or in some cases no tax at all. Higher interest rates will affect all parts of the economy as all companies require capital to expand their business. Investments do not take care of themselves; you as the individual investor must do it.
Follow the paper trail, the real FACTS are there.
ONE must also consider that they are not the PANACEA and the savior of all your investing woes. With any investment one still need to do the research or YOU CAN FAIL. This is not different than other investments. To that extent I have listed the main drawbacks of such Ownership.
Investors should also consider the downsides to MLPs, which include:
Personal Tax Liability. Each unitholder is responsible for paying his or her share of the partnership's income taxes, which can make filing taxes more complicated. This is particularly true for larger unitholders, who may have to pay taxes in the various states in which the partnership operates. Moreover, limited partners might owe taxes on partnership income even if the units are held in a retirement account.
Limited Pool of Investors. MLPs face a smaller pool of potential investors than traditional equities because institutional investors, such as pension funds, are not allowed to hold MLP units without incurring tax liability. These large investors do not ordinarily pay taxes, so they tend to shy away from MLPs.
Institutional investors represent the majority of investor dollars in the market, so eliminating them reduces the potential demand for MLP units. Congress recently approved a provision allowing mutual funds to buy MLPs, which should dramatically increase the number of potential investors.
Not every MLP is a smart investment! Just like any investment the potential for LOSS is there
Though they require a bit of work to understand and may increase tax complexity, investing in MLPs, and royalty trusts can boost the income-producing power of most portfolios.
What makes MLPs so attractive to investors is that the way they're structured, they must return 90% of total income to shareholders via dividend payments. Since there is no tax at the company level, Master Limited Partnerships essentially enjoy a lower cost of capital and avoid dividend double taxation.
There are currently 80+ MLPs and increasing.