Talk of The Villages Florida - View Single Post - Immediate Income Annuities
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Old 06-14-2010, 08:05 PM
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I've decided to go a different way, and so far it's working out pretty well. I have invested in a bunch of pipeline stocks that fall under the category of MLP's (Master limited partnerships). Because of some laws that were passed during Bush-Cheney, the dividends are considered tax exempt because they are not really dividends, but are considered a "return of capital". So far I am averaging about 9% tax free. But please!!!! I would hate for someone to take financial advise from me and then have it not work out. But you may want to check with your financial advisor and see if it makes sense to have these as part of your portfolio.