Is It Too Late to Buy These 2 Brilliant Passive Income Stocks?

If you are looking to create a high-yield portfolio to provide you with a reliable passive income stream, consider Enterprise Products Partners (NYSE: EPD) and Enbridge (NYSE: ENB). These two brilliant high-yielders are midstream giants that have paid investors well for decades. Here's a quick look at each and the safety of their 7%-plus yields.

One of the biggest concerns that investors often have with regard to Enterprise and Enbridge is their focus on carbon fuels. Each of these companies owns midstream assets, which is basically the infrastructure backbone of the carbon economy. The list of assets in their portfolios includes things like pipelines, storage, and transportation infrastructure. For the most part, these midstream companies charge fees for the use of these assets, which provides reliable cash flows regardless of the price of oil and natural gas. They are pretty boring businesses.

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Source Fool.com