The Smart Investor's Money Machine by Bill Kraft
Methods and Strategies to Create Regular Income (Wiley Trading)

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Synopsis

Practical trading strategies that any investor can use to achieve consistent long-term returns Bill Kraft shows readers at all stages of life how to generate multiple income streams through a variety of investment strategies. Rather than look at trading as a means to make a big score, Kraft advocates strategies that provide regular income streams. In easy-to-understand language, he discusses how strategies involving covered calls, LEAPS, REITs, closed-end funds, options spreads, selling naked puts, bonds, annuities, master limited partnerships, and even reverse mortgages can be utilized to consistently generate cash flow. He includes strategies that limit risk, are easy to implement, and are relatively stress free. Throughout the book, Kraft intersperses personal stories about his own experiences with various proven, moneymaking investment strategies. Bill Kraft (Conifer, CO) practiced law for more than 30 years before embarking on a second career as a trader. He is also the author of Trade Your Way to Wealth (978-0-470-12979-1).
 

About Bill Kraft

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Bill Kraft practiced law for more than thirty years before embarking on a second career as a trader. As he became proficient at trading, Kraft began helping others to trade, which eventually led him to create a seminar company, Cutloss Inc., and to write about trading. Kraft is the editor of three online newsletters, including Under $10 Trader, Option Trader, and Trend Trader, which are published by MarketFN.com, and a weekly newsletter alert, which is sent to well over 100,000 subscribers. Kraft is also the author of Trade Your Way to Wealth (Wiley).
 
Published May 4, 2009 by Wiley. 182 pages
Genres: Business & Economics. Non-fiction

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