"Rick Stooker is on the right track. We also intend to pursue a more income-oriented strategy in the years to come. Capital gains are subject to both the risk of a decline in economic fundamentals and a deterioration in market psychology. High-quality dividends and income are subject only to the former, and that makes a big difference in modeling your portfolio returns in retirement."
-- Charles Lewis Sizemore CFA, Senior Analyst HS Dent Investment Management, LLC hsdent.com/
"I am a Chartered Accountant in Canada and spent most of my career teaching in a community college.
"Over the years, I have used various "plans," with varying degrees of success, but had never given much thought to dividends, so I fell prey to the hype about capital gains. So what was I thinking? Should have been investing for dividends.
"I also learned about some new investment vehicles, and got a "heads up" on some investments that I was aware of, but put on the back burner.
"Wish I knew about all this stuff when I was in my 20's, or at least paid attention to the theories involved in my 40's."
--- Dennis Wilson
"What an eye-opener!!!
"I had heard about REITs, MLPs, BDCs, but you really explained their advantages and disadvantages. Thank you, Rick. You have set me on the right path to generate a steady income stream."
-- Kenny H
While the financial markets are collapsing . . .
Finally, you too can discover the old-fashioned -- yet now revolutionary (and updated for the 21st century) -- "gold egg" income investing secrets for lazy investors.
Despite following the conventional financial wisdom, many senior citizens are now asking what happened to that worry-free fun and relaxation they promised themselves after a long career of hard work.
It's likely many people you know are now wondering whether they'll ever take that special cruise, give great presents to their grandchildren or receive the best medical care if they suffer a prolonged illness.
Many people in their fifties and early sixties are wondering when -- or even if -- they'll be able to retire.
Chances are, nobody told them this could happen. They simply followed the mainstream advice to load their 401(k) plans, IRAs and mutual funds up with "growth stocks" to sell many years later at a huge profit.
The more you learn about the stock market, the more you understand basing your retirement on continuous stock market price rises is like building a house on the edge of a steep dirt cliff. Sooner or later, a hard rain will fall.
What's the alternative? Investing for income.
Learn how to make money whether the stock market goes up, down or sideways.
Discover how to avoid the financial pitfalls and emotional stress of depending upon the stock market to deliver market price appreciation to you -- capital gains. They come -- sometimes -- but they also disappear.
The Dow Jones Industrial Average is now just a little over the high it first broke six years ago. These days the buy and hold strategy requires a lot of patience.
This book advocates rewarding yourself right away with regular income from stock dividends and bond interest. It shows you the best, most dependable types of income-producing investments -- and how to minimize risk.
So invest now in the book that can guide your retirement portfolio to generating large amounts of income in the long term.
Just scroll up and download Income Investing Secrets: How to Receive Ever-Growing Dividend and Interest Checks, Safeguard Your Portfolio and Retire Wealthy.
About Richard Stooker
See more books from this Author
Published August 3, 2010
by Gold Egg Investing LLC.
Business & Economics.