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phoggie_gw

MLPs

phoggie
11 years ago

Please explain and give me more information about MLPs. A person I know has invested everything they have in them, but when I mentioned it to two of my financial planners, they advised me not to do this. I am already retired, widowed, and have most in CDs at 1.25% and fixed mutual fund at 4%....I am very conservative in my investing because I can not afford to lose any of it.

This "person" also told me he lost $1.4 million, so I can not completely trust his judgement.....but I would like to know what some of you think.

Thanks

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