You need to educate yourself on MLPs, distributions, and how to read/understand financials. YOU KNOW NOT WHAT YOU SPEAK
Just look at financials over the past few years, this company is grasping at straws to stay afloat
No haters- Yes BAC is currently weak from the stress test and correcting markets etc., and would probably decline WITHOUT the down markets, but its just a short term situation- Enjoy your gloating
because it won't last very long.
Anything is possible, BUT their cash flow, enormous revenues, large cash hoards, assets, should carry then through for awhile.
What do you want them to do, take automobiles He/she are President/1st Lady of the WHOLE US, they are entitled to travel to "the whole US" as our leaders. You don't have to like it, BUT the cost of their fuel/travel is like a drop in the ocean in our multi billion $$ economy.
All the BIG BOYS claim that they are committed to keeping their divs safe. They have enormous revenue streams and decent cash, allowing them to withstand this downturn for awhile. That being said- NOTHING IS FOR SURE, but should be fine for awhile.
Generally interest rate hikes are good for banks (they charge more); LYG is a UK bank and will probably not be affected. Europe has adopted a bond buying plan (similar to US bailout of a few years ago) that I'm assuming will keep their rates down for some time until they can see a recovery.
So many people FEAR the K-1s because they are uninformed. WPZ sent them out a few weeks ago, nothing big/spectacular on it to cause any worry. Generally its a loss; consult your tax expert.
Schwab is the CLASS of the low cost brokers. Have slowly transferred other accounts their way; they always refund the other brokerage transfer fees.