Can I hold MLPs in my IRA?

Can I hold MLPs in my IRA? This is a common question from investors considering buying MLPs for income. While you are allowed to hold MLPs in a tax-advantaged account like an IRA, it is unwise. That’s because the IRS considers MLP distributions into...
Read More

Astoria Financial Corporation Series C 6.50% Perpetual Preferred (AF-C)

Today Forbes/Lehmann Income Securities Investor Editor Jack Colombo recommends a high-yielding preferred stock appropriate for income investors with medium risk tolerance. Preferred designations are not standardized between brokerages and quote services; look for this stock under the symbol AF-C, AF C, AF-PC, AF.PC similar. "Astoria...
Read More