MLPs – An Early Christmas Present

MLPs - An Early Christmas Present by Evergreen Gavekal

“It is madness to risk losing what you need in pursuing what you simply desire.” – Warren Buffett

[buffett]

EVERGREEN VIRTUAL ADVISOR

• Almost all investors today are in need of better valuations to support their long-term return prospects and/or better cash flow to fund their ongoing spending needs.
• The problem is that almost everything has been overvalued for the past several years. This “purgatory of low returns” left investors with a limited list of uncomfortable options: (1) reach for ever-shrinking yield, (2) chase capital gains in overvalued markets, or (3) sit in cash.
• But with credit spreads blowing out and oil prices collapsing over the past year, the markets are giving us an early...
  

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