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June 28, 2011
A common question we get about master limited partnerships (MLPs) is how can they pay out higher dividends than their earnings? The answer to this question has to do with the way that depreciation and, in the case of natural resource producers, depletion expenses are treated. Depreciation and depletion expenses are a means of assigning the cost of a long-term asset, such as a pipeline or natural…
June 28, 2011
Handling money is something we all have to learn to do in order to survive. And the basic concept of budgeting - spend less than you make - seems so, well, basic that we fail to look closely enough at how budgeting can help us handle our finances well. If you think you know everything there is to know about setting, maintaining and succeeding with a budget, think again. These tips are less obvious…