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Let's take a look at the markets because we had a real global story on our hands remember last night the Dow hit 151000.
Look at Japan Tokyo hitting nearly a five year -- Germany the Frankfurt market hit a again a fresh five year highs are really a big story take a look at what's happening here.
Anecdotal -- of American to take a look at -- paid an accident -- -- you can see here.
This is over the last year for the yes and people -- a couple of things here.
S&P of the just the last four sessions here's -- chart of the S&P this.
A gain of about two point 7% these markets really a continuing to take off and take a look at the year today it again.
Look at the S&P 500 many say that this is the way to add value wait a market.
And this is what to be looking out when it comes to had a -- all of your stocks are performing now there are few things that if you look at the markets overall there's a few sectors many.
And my next guest is one of them there's during a managing partner Europe -- capital -- is right now.
-- -- -- -- you say that despite the global highs despite the numbers I was just looking at the S&P.
You say that we need to be a little bit cautious about the market why do you say that at this point well.
On the overall market one of the first things I learned on Wall Street was don't -- the -- So I am obligated fed around the world easing and I think that to be in stocks right now to be hard assets is a place you wanted me.
So when I look at being cautious moving to more hard assets looking -- ways you can move out of stock for -- -- production producing assets like energy US energy infrastructure makes a lot of right now.
OK -- won't -- -- some of the some of the things that you do you like occasional -- limit partnerships.
Master limited partnership to show our viewers know very good tax advantages nice dividend -- a lot of this first when this is legacy.
Reserves LG CY.
Why do you like this one because acts take a look at the year to date charts a pretty -- -- why do you like this -- this point well.
We're we like legacy because it's on the energy side and it's -- right now it's an energy producing MLP which means it owns.
Energy assets so instead of it being -- partisan so pipelines this is actually in the production side of the business.
It's yielding eight point 7% -- -- distributions in the first quarter year over year almost 5%.
Which is actually below average for the overall -- asset class which grew at almost at 8% so.
If I look at -- and extrapolate that to step into broader what's going on in the United States right now the good old US invasion said -- -- energy production.
Jim Boylan yes yeah I do over the last two years there's a lot on natural gas we grew our our oil production by almost two -- Two million barrels this -- that's what got bottle and a half percent our energy you also like energy as well you're an easy money get a nice dividend yield on the.
And its dividend -- we started to recommended.
You know back here and in in the -- at at -- point one but we don't recommend we we invest we start investing in a package is moving into a mainstream play.
And in in in new GP play general partner which is faster growing -- -- people are missing and in the end though peace based.
Is that it's an asset class in growth mode rate has not income everywhere picks on our income first but what I -- -- the story.
Income plus growth and distributions plus price -- your total return so.
This was moving to a faster growth play right and then others in the field moving more to the GPA outside of the the national apartheid's space.
Year today I just want to say this is a 31% gain right here's what's my cup point that out but that's another.
Removed by an acquisition recently so that's also where stock picking helps within a -- limited partnerships states are right and finally -- energy I want to get to -- as well because again this is another story same thing again -- domestic production oil and natural gas -- -- -- partnership and the dividend -- Is also strong in this is a 49% gain over the last year -- what -- on energy -- -- I finally.
Everywhere we have more to talk about this -- hundreds distributions 24%.
-- -- and the first court and it's an energy company Chris distributions 24%.
So this is incredible in -- -- getting goes to my point in what we wanna educate investors ought.
Is when you look at -- you focus on one thing -- -- US energy infrastructure investing or US energy investing in growth in distributions as long as it remains in place as a hedge against inflation.
It's protection against rising interest rates and historically the asset classes -- -- 7%.
-- -- doubling your money your income every ten years.
Let's -- let me look at this performance right there I mean at the present grin on that screen and again.
The performance really kind of shows itself on this chart is -- gut it looks good it overall it may keep going back fiasco it's we -- We think people should -- -- assets in the portfolio -- now US infrastructure.
It's NASA class and growth mode you're helping United States -- -- Fargo north look at North Dakota right and and it's 3% unemployment rate rate now five years ago wasn't producing any energy to speak at NASA's second largest energy producing state in the United States.
Daryn we're gonna have to get it back and get your pencil out we're gonna start I love your -- yeah conceded he'd like to do that SARS epidemic -- -- on the show I think -- gesturing to thank you very much.
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