A 9.6% Yield With One of These: 🚩

Energy Transfer's distribution cut was a huge red flag for investors. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

View in browser SPONSORED Can You Actually Collect Big Income on Your Checking Account?? How Much Does Your Checking Account Pay You in Interest? Nothing? If so, you need to see this. There's a way to get up to 119 times more income on your checking account than some banks pay on a savings account! SAFETY NET A 9.6% Yield With a Red Flag Marc Lichtenfeld, Chief Income Strategist, The Oxford Club Have you ever had a romantic partner who went off the rails? Even after they returned to their sweet, normal self, you were always on the lookout for the next blowup... That's how income investors should feel about Energy Transfer (NYSE: ET). It's a great company with tremendous cash flow and a strong 9.6% yield. But we know that with just one slipup, it all could come crashing down. Let me explain. Energy Transfer was formed in 1996. It operates oil and gas pipelines, processing plants, fracking projects, and more. It generates a ton of cash flow. Cash available for distribution (CAD) is forecast to be $9.54 billion this year, up from 2022's $9.25 billion. However, last year's total was a bit of a red flag, as CAD was $9.63 billion in 2021. We never like to see cash flow decrease. It's not a huge problem because Energy Transfer can easily afford the distribution. In 2022, it paid investors $3.93 billion, or just 42% of its CAD. However, the company went off the rails in 2020 (when the whole world went off the rails too). SPONSORED Gold research firm issues alert on tiny gold stock "The uptrend in gold is now here," says one research firm. But if you're not taking advantage of this way to invest for less than $10, you're missing out. In 2020, after years of steady payouts, it slashed its distribution in half. That's more than a bit of a red flag... It's like a girlfriend of four weeks screaming in the street and throwing the contents of her bag at you after you said you weren't sure you'd move across the country if she got the job (true story). A distribution cut is that kind of red flag. The strange part is that Energy Transfer still generated more than $7 billion in cash flow that year, so it could have afforded to keep the distribution the same. What this tells me is... KEEP READING RECOMMENDED LINKS Marc Lichtenfeld Reveals His #1 Oil and Gas Play The Real Reason Stocks Are Tanking Under Biden MORE FROM WEALTHY RETIREMENT Are My Investments Taxed or Tax-Free? Can Devon Energy Dig Up Great Value? Is Fidus Investment's 8.5% Yield Sustainable? The AI Stocks Most Likely to Survive the Bubble Facebook Twitter Email Share Push Alert SPONSORED Remember Overnight Drift? You're Still Not In... Don't ignore Overnight Drift! It's where all the biggest profits are (+1,700% over 30 years). Make your smart move now... Take me back to see how I can take advantage of Overnight Drift You are receiving this email because you subscribed to Wealthy Retirement. Wealthy Retirement is published by The Oxford Club. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. Privacy Policy | Whitelist Wealthy Retirement | Unsubscribe © 2023 The Oxford Club, LLC All Rights Reserved The Oxford Club | 105 West Monument Street | Baltimore, MD 21201 North America: 877.808.9795 | International: +1.443.353.4621 Oxfordclub.com Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, LLC, 105 West Monument Street, Baltimore, MD 21201.