Why Energy Transfer Is My Top Investment for Passive Income

I own many investments that generate passive income. I currently get the most income from Energy Transfer (NYSE: ET). That's due to my growing position and the master limited partnership's (MLP) high-yielding and steadily rising distribution. I'm very comfortable with my outsized investment in the high-yielding MLP. Here's why.I've had an interesting history with Energy Transfer. I first added the midstream giant to my portfolio in early 2020, right before the pandemic hit. That turned out to be terrible timing on the one hand, because the MLP proceeded to slash its distribution in half to preserve cash. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool