We Are Not in Kansas Anymore
“Toto, I have a feeling we are not in Kansas anymore,” Dorothy famously said in the children’s classic The Wizard of Oz. In the same vein, this letter cautions investors that important changes are occurring in the markets and, while much feels as safe and predictable as Kansas, things are fundamentally shifting. Most importantly, rising […]
The Bond Bear Market and Asset Allocation
February’s swift stock market correction[note]We refer to February’s decline as a mini-crash in that computerized trading drove wild price swings on February 5th that was reminiscent of the Flash Crash of 2010. Technically February’s decline was simply a correction in that it was only 10% from peak to trough, a far smaller decline than what […]
Echoes of 1987 Crash: Derisk Your Assets with MLPs, Sector Rotation and Options.
Market Risk Overview: The accelerating rise of the stock market marks the final stage of this ripping bull market. Interest rates are rising, and stocks are pushing peak valuations–market historians know these two conditions cannot coexist for a protracted period of time. If the October 19, 1987 stock market crash is the best historical comparable, […]
IGA Quoted in WSJ, MLPs as a Hedge and Energy’s Emerging Bull Market
Investors enter 2018 with mature US equity and bond markets wobbly and midstream energy MLPs advancing in an emerging energy bull market. MLPs offer defensive high yields, improving fundamentals and attractive hedging characteristics. With the Federal Reserve withdrawing its unprecedented accommodation and foreign adversaries, like North Korea, challenging the Trump administration, MLPs’ attributes provide a prudent […]
Extraordinary Tax Bounce Opportunity for MLPs
[fusion_builder_container hundred_percent=”no” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” overlay_color=”” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” padding_top=”” padding_bottom=”” padding_left=”” padding_right=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” border_position=”all” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” center_content=”no” last=”no” min_height=”” […]
Stock and bond markets flash warning signs.
Stock and bond markets flash warning signs while IGA’s 13.9% MLP returns consistently beat benchmark. Master Limited Partnerships have compelling valuations, high yields and improving hydrocarbon markets. Relative to other asset classes MLP are deeply oversold. The S&P 500, FANG stocks and bitcoin investments mirror the speculative behavior of the equity markets in 1998 and […]
Jim Rogers likes MLPs and IGA’s MLP Profiles Average Yield is 6.03% (3.68% more than 10 yr. US Treasury Notes.)
Income Growth Advisors was founded to provide retiring baby boomers with stable growing tax advantaged income streams. We invest primarily in Master Limited Partnerships because they offer the most attractive tax advantaged income streams of any publicly traded security. This month’s letter will quantify MLPs’ yield, their under-appreciated distribution growth prospects and why MLPs’ recent […]
IGA Sees Turning Point in MLP Market
While this has been a difficult year for MLPs due to concerns about rising interest rates, continued volatility in the oil market and alternative energy fears, this year’s weak performance has all the trappings of a valuation extreme and a market turning point. This month’s letter will highlight why MLPs are particularly timely income investments. […]
Bespoken MLP Portfolios for your Retirement Income Strategy
Income Growth Advisors’ MLP Separately Managed Accounts (SMAs) rose 1.67% in July, beating our MLP benchmark and matching the S&P 500. This month’s letter analyzes the fundamental value proposition of MLPs by examining MLPs’ growing tax advantaged distribution yields and comparing those to other income alternatives. We review the tightening interest rate environment and the […]
IGA MLP July Letter Highlights Buying Opportunities and Solid Performance History
MLPs declined sharply in the second quarter due to Federal Reserve tightening and declining oil prices. The equity income market has been under pressure since the Trump election with the Federal Reserve continuing to unwind its unprecedented financial crisis stimulus. Oil prices dropped following the May 24 OPEC meeting as market concerns shifted to stubbornly […]