EPD: Let this winner ride

In an earlier post I discussed the big boy of the MLP space, Kinder Morgan. Today, I’ll talk about the new big boy in the MLP space, Enterprise Products Partners (EPD). EPD is now the largest MLP by market cap. Like KMP, EPD’s historical performance as an investment is downright Read more…

Is it time to sell KMP?

Total returns of 27% per year since 1996. 15% annual growth for dividends in the same time. A $100 investment in ’96 would have turned into $2,518 as of 9/3/2010 compared to $185 for the S&P500. It’s no doubt that Kinder Morgan (KMP) has been a stellar investment over the Read more…

My personal portfolio

Today I finally wanted to get to discussing my investment portfolio and some of the reasons behind my allocation decisions. I think its better to see actual ideas being implemented rather than just talk about generalities. Lets get right to it then. You can see the bulk of my portfolio Read more…

On-line financial education

In my post yesterday I mentioned the important need to get educated on financial matters. I forgot to mention one of my favorite resources for on-line for educational content, the Khan Academy. If you have not heard of the Khan Academy I highly recommend that you check the website out. Read more…

Retirement and risk

Modern finance theory teaches that market risk is measured by the volatility of asset prices. JustĀ  calculate the standard deviation of asset returns and there you have it – risk. But risk of what? Volatility measures risk as how much your portfolio varies over time (also to the upside remember). Read more…