Time to Take Partial Profits on MLPs?

Focus: INCOME

Roger Conrad Image Roger Conrad Founder and Chief Editor, Capitalist Times

Many MLPs have become favorites of momentum investors, and income expert Roger Conrad reminds investors that it is always OK to take partial profits on big gainers.

Roger, you're our favorite income expert among several phenomenal income experts. Explain to us the five areas that you're specializing in to create income for investors today.

Well, you know the first time I spoke out here was 1989 actually at this conference. Then I had Utility Forecaster. So that's the first newsletter I have. It focused on a wide range of income investments. It sort of has taken off from there.

Canadian Edge we've had around for about ten years. It focuses on Canada obviously. Very good income opportunities there. A lot of the former income trusts have maintained very generous dividend-paying policies; many of them pay monthly. You also have the benefit of a very nice currency there as well. So that's another letter.

Also, for Australia-which has very similar investment characteristics to Canada-we have a letter called Australian Edge. It's pretty much set up the same way as Canadian Edge. We look for dividend-paying companies primarily that are growing their business. We're taking advantage of a pretty nice currency situation there. Australia is very tied to the economies of Asia in particular, so there's a lot of growth there for developing its resources well.

MLP Profits is another letter. Master Limited Partnerships I think are very interesting right now.