If You're in Your 60s, Consider Buying These 2 High-Yield Stocks
A transition takes place when you enter your 60s. In that decade of life, your investing goals shift from capital appreciation to preserving capital and generating income. That's why high-yielding Magellan Midstream Partners, L.P. (NYSE: MMP) and Duke Energy Corp (NYSE: DUK) are two companies that you should consider buying.
Magellan Midstream Partners is an oil and gas midstream partnership, which means it helps move these two fuels from where they are pulled from the ground to the places where they get processed and used. Roughly 85% of its operating margin is generated from fee-based businesses. So the price of oil and natural gas are less important to its results than overall demand for fuel.
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Source: Fool.com
Enterprise Products Partners L.p. Stock
€15.02
-0.130%
With 19 Buy predictions and not the single Sell prediction the community is currently very high on Enterprise Products Partners L.p..
With a target price of 31 € there is potential for a 106.34% increase which would mean more than doubling the current price of 15.02 € for Enterprise Products Partners L.p..
