2024-04-01 01:45:48 ET
Summary
- Enterprise Products Partners offers a good investment opportunity with a chance to compound money in a market where growth stocks are expensive.
- EPD has a good business with barriers to entry, strong management, outstanding operating results, and a 7% tax deferred yield.
- The MLP structure avoids double taxation (on the business first, the investor second) and provides strategies that can further sweeten the deal.
What's the ideal investment to meet the needs and preferences of retirees? Enterprise Products Partners ( EPD ) would be my first choice. To begin with, it's a great business with great management and a 25-year record which is unsurpassed in its category. Secondly, its earnings and distributions are steady and safe. Third, it's cheap by all measures and has important tax advantages. Most retirees are constantly on the lookout for investments like that - steady, high quality, and predictable. The perfect retiree investment can be broken down into the four elements below of which the tax advantages are pretty much unique....
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Enterprise Products Partners: Tax Features Make It Ideal For Retirees And Savvy Investors