These “Yield Traps” Have Cratered 58% (they’ll never bounce back)

Right now, thousands of Americans are making a mistake that threatens to lock in the losses they’ve suffered in this downturn. Worse, these folks will be stuck on the sidelines in the rebound, watching helplessly as other stocks soar and their holdings stagnate, or even drop further. I’m talking about people who hold master limited partnerships (MLPs) and buy into the myth that these companies—owners of oil and gas pipelines and storage facilities—are simply “toll bridges,” making them a relatively safe play on energy. Worse, many of these folks think MLPs can benefit from the huge glut of oil and gas building up around the globe.… Read more