Got $10,000 to Invest This September? These Energy Stocks Could Turn It Into Over $600 in Annual Income.
Energy Transfer and MPLX are reliable income-generating pipeline plays.
Overview
September is typically a weak month for stocks. It's the only calendar month with a negative historical average return for the S&P 500 (SNPINDEX: ^GSPC), mainly due to a mix of seasonal portfolio rebalancing moves, negative media coverage, and the Fed's interest rate decision.
But for long-term investors who can tune out near-term noise, September is generally a good time to buy stocks. I think it's still a great time to buy a few income-generating energy stocks that have a history of resisting market downturns while paying stable yields. Let's take a look at two of those stocks that could easily turn a $10,000 investment into more than $600 in annual income: Energy Transfer (NYSE: ET) and MPLX (NYSE: MPLX).
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Originally published at www.fool.com.