05-12-2014, 05:13 PM
Hi Chad,
ETFs don't pass the maintenance fee test. I do take a passing interest in them as a source of ideas for individual stocks. For example, I got interested in lithium, so I looked at the LIT ETF, analyzed some of the holdings and picked out ROC for my portfolio.
I have nothing against MLPs, I just don't feel like climbing the tax learning curve. I feel like that sector is covered with KMI so there's no pressing need.
ETFs don't pass the maintenance fee test. I do take a passing interest in them as a source of ideas for individual stocks. For example, I got interested in lithium, so I looked at the LIT ETF, analyzed some of the holdings and picked out ROC for my portfolio.
I have nothing against MLPs, I just don't feel like climbing the tax learning curve. I feel like that sector is covered with KMI so there's no pressing need.