Hey guys, so I am looking to invest heavy in something and was looking at stocks like ET, MPLX, Plains All American, etc but of course want to dismiss the whole K-1 form headache. Therefore I found AMLP which is a fund that won't distribute a K-1 form.
My reasoning on going all chips in, is that this sector has room for growth considering they hit all time lows from the pandemic, their dividends are extremely attractive, and I would be holding long term and compounding the sh*t out of the dividends.
The only thing I am considering (and i think everyone else is too) is that we are nearing the edge of a cliff in most markets and the recession that is supposed to hit (taking into account what is happening in global politics).
Maybe there are other sectors/investment strategies that can show better resilience/performance during market turbulation. Would love to hear other opinion's/strategies. I am early/mid 20's with a 50k cash pile.
[link] [comments] https://www.reddit.com/r/stocks/comments/12pprz5/looking_to_dive_into_amlp/
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