looking for ideas re. EPD & MMP
We've owned both EPD & MMP since June '08. During the crash of March '20, we added more to ea. @ very low prices. Bottom line is both are running @ very significant gains against purchases prices.
I know that eventually, EV's are going to grow, it's just a matter of how soon & how much. I "get that".
Some pretty smart folks tell me EPD should survive this EV explosion since they're NatGas based. I know not whether they do any fracking.
MMP is also highly thought of, but........not sure how they'll do.
Question: I've taken some losses this yr, mainly during March when I had pneumonia on top of the crash & took a beating. Other than that, the year of '20 has been smooth as silk.
Recommendations? TIA, Ron
Any word on tax changes re. what happens when MLP's go to beneficiaries & they used to be able to sell @ the current costs?