A 9.6% Yield With One of These: 🚩

Energy Transfer's distribution cut was a huge red flag for investors. [Shield] AN OXFORD CLUB PUBLICATION [Wealthy Retirement]( [View in browser]( SPONSORED [Can You Actually Collect Big Income on Your Checking Account??]( [Piggy Bank]( 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]( [Marc Lichtenfeld]( 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. [Chart: Energy Transfer's Quarterly Distribution]( 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]( [The Oxford Club and Opportunity Travel & Events present Explore the Wonders of Israel (October 15-25, 2023), Jordan (October 25-29, 2023) and Egypt (October 28-31, 2023)]( RECOMMENDED LINKS [Marc Lichtenfeld Reveals His #1 Oil and Gas Play]( [The Real Reason Stocks Are Tanking Under Biden]( MORE FROM WEALTHY RETIREMENT [Image of a tax concept with yes or no blocks]( [Are My Investments Taxed or Tax-Free?]( [Image of the Devon Energy logo logo]( [Can Devon Energy Dig Up Great Value?]( [Image of a digital investor seeing a caution sign]( [Is Fidus Investment's 8.5% Yield Sustainable?]( [Image of an AI concept]( [The AI Stocks Most Likely to Survive the Bubble]( [Facebook]( [Facebook]( [Twitter]( [Twitter]( [Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AEnergy Transfer%27s distribution cut was a huge red flag for investors.%0D%0A%0D [Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0AEnergy Transfer%27s distribution cut was a huge red flag for investors.%0D%0A%0D [Push Alert]( [Push Alert]( SPONSORED [Remember Overnight Drift? 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