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Stock impact report

Got $1,000? Here's How to Turn It Into a Prodigious Passive Income Stream. [Yahoo! Finance]

ENVIRONMENTAL TECTONICS (ETC) 
Company Research Source: Yahoo! Finance
The average stock currently yields around 1.4% (as measured by the S&P 500 's dividend yield). That implies that a $1,000 investment in the average dividend stock would produce about $14 in annual dividend income. Many companies offer even higher dividend yields. In particular, energy master limited partnerships ( MLPs ) currently produce prodigious income streams, with many top ones yielding 7%-8% (suggesting they could generate $70+ in annual passive income). Here's a closer look at these passive-income vehicles and some of the best MLPs for passive income. What is an MLP? A master limited partnership is a publicly traded limited partnership . They provide investors with the tax advantages of limited partnerships and the liquidity of a publicly traded company. Limited partnerships are pass-through entities that pass income, losses, credits, and deductions through to limited partners who report them on their taxes. As a result, MLPs don't pay tax at the corporate level, elimi Show less Read more
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