In a low yield world where government bonds pay next to no interest, S&P 500 stocks pay little more than that in dividends, the Canadian government taxes income trusts, and even real estate investment trusts are suffering cash flow problems, one type of security still stands as a beacon of hope to income investors.

Master Limited Partnerships or MLPs

9% yields...that increase 9% annually... quarterly distributions almost guaranteed . . . capital gains that leave the S&P 500 in the dust... tax protection... business profits protected by federal government regulation . . . profit from the energy sector without the volatility of market prices because MLPs are paid by volume not final price.

Until now, the information available to investors has been scanty. There've been only chapters in books. One prominent financial advice company launched a newsletter devoted to them, but the price tag is $399 annually. The Internet contains summary but incomplete articles and snatches of advice (some good, some inaccurate).

Finally, investors can learn all about these terrific investments - their rewards and risks; the paperwork hassles and how to get around them; and how to invest in them using both taxable and tax-deferred accounts.

In one convenient volume for one low price. This book is the first and only devoted solely to Master Limited Partnerships.