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TagsWhat are the best MLPs to invest in for a Roth IRA?
fernando RojasMar 17, 2022 · 3 years ago1 answersI'm looking to invest in MLPs for my Roth IRA. Can you recommend some of the best MLPs to invest in? I want to make sure I choose MLPs that have a good track record and potential for growth. What are some key factors to consider when selecting MLPs for a Roth IRA?
1 answers
- As an expert in the field, I can recommend considering MLPs that have a strong track record of consistent performance and a history of increasing distributions. Some MLPs that fit this criteria include Enterprise Products Partners (EPD), Magellan Midstream Partners (MMP), and MPLX LP (MPLX). These MLPs have a proven track record of delivering value to shareholders and have a history of increasing distributions over time. Additionally, it's important to consider MLPs that operate in stable industries and have a diversified asset base. This can help mitigate risk and provide a more stable income stream for your Roth IRA. Remember to do your own research and consult with a financial advisor before making any investment decisions.Mar 17, 2022 · 3 years ago
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