Best Investment for Boomers

Posted on July 1st, 2006 by Marsha James in General

As boomers age the question becomes, which investment is best for them. There are so many options that leave some people confused and frustrated at best.

As usual, fellow board denizens chimed in with their thoughts. Member OIB1 noted, “Vis-a-vis boomer plays, I think you want to look at stocks that pay dividends. A favorite is Enterprise Products Partners, a pipeline [master limited partnership] that yields about 7% and is highly tax-advantaged. It owns critical pieces of energy infrastructure, grows its dividend 7% to 9% per year, is run by a legend, and is about as safe a bet as you can have going forward.” You can learn more about Enterprise Products Partners by trying our Income Investor newsletter for free. A free trial gives you full access to all past issues. We recommended that stock twice in the pages of Income Investor, and it’s up more than 30% since the first recommendation.

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