The Income Factory: An Investor’s Guide to Consistent Lifetime Returns - Hardcover

Bavaria, Steven

Hardcover

ISBN 10: 1260458539 ISBN 13: 9781260458534

Publisher: McGraw Hill, 2020

Synopsis

The proven, all-weather investing strategy that delivers long-term, consistent returns

The most common investing approach today―one that values “growth” over all else― can be ineffective and counterproductive for many investors, not to mention needlessly stressful.

Now, one of Seeking Alpha’s most popular writers, Steven Bavaria, provides a groundbreaking alternative that will see you through all markets―up, down, and sideways. The Income Factory shows how to build an income stream that increases solidly and consistently―a result of re-investing and compounding the dividends. And the best part? This income stream actually grows faster during market downturns than during flat or rising market periods.

The Income Factory sheds light on: 
• Why “high-yield” doesn’t have to mean “high-risk”
• How credit investments perform more predictably than equity investments
• Why “junk” is a misnomer―and why high-yield debt is safer than most of the stocks investors own 
• How to grow your wealth steadily without following the markets obsessively
 
Through Bavaria’s strategy, cash income increases year after year at a predictable rate. For example, a 9% yielding portfolio doubles and re-doubles every 8 years. If you’re in for the long haul, an Income Factory lets you achieve your goals and still sleep well at night.

Investing does not have to be about picking specific horses and hoping they win the race. An Income Factory achieves its goals by essentially betting on horses to make it around the track and finish the race.

Those are easier bets to win, and they don’t require us to be glued to the financial news 24/7.

 

About this title

About the Author

Steven Bavaria, a popular writer and blogger on the topics of finance, economics, and politics, has 45 years of experience in international banking, credit, investment, human resources and journalism. At Standard and Poor’s, he introduced credit ratings to the syndicated loan market. 

From the Back Cover

“The Income Factory shows that by shifting their focus from the fickle market’s ups and downs to the power of reinvesting and compounding income, investors can build their wealth abundantly while also sleeping well at night”.
 — Martin Fridson, CFA. Publisher, Forbes/Fridson Income Securities Investor

“Inspires investors to break free of the financial industry’s obsession with market price and to focus on what really matters: growing an income stream. A refreshing and practical good read for all, The Income Factory empowers us to invest in the right assets, for the right reasons and with the right strategy.”
– Kathleen A. Corbet, Founder & Principal of Cross Ridge Capital, LLC 

“A simple yet elegant approach for the average investor to leverage the magnificent power of compound interest."
--"Stanford Chemist," Founder and Publisher of CEF/ETF Income Laboratory on Seeking Alpha

“With wonderful clarity and logic, The Income Factory challenges market value convention, offering the "non-heroic" benefits of credit payment streams. A must-read in a volatile and uncertain investing world.”
-- Randy Schwimmer, Head of Origination & Markets, Churchill Asset Management and Founder/Publisher, The Lead Left

“Empowers investors to produce high yield returns that are much easier to forecast than stock market moves.”
- Diane Vazza, former Global Head of Fixed Income Research at Standard & Poor's

“Essential reading for investors looking to confidently generate investment income in today’s yield-starved world.”
– Steven Miller, Head of Leveraged Finance Intelligence at Fitch Solutions

“The Income Factory explains how high-yield investments can be used to achieve stock-market returns as good or better than the usual price-focused strategies. Steve’s plain-English explanations are a pleasure to read and easy to follow.”
– David Van Knapp, popular Seeking Alpha writer and author of eight e-books on Dividend Growth Investing

“A simple yet profound way to build portfolios that can increase cash flow even in bear markets, while helping to avoid panic selling. I hope EVERY investor takes the time to read and follow this book's principles.”
- John Cole Scott, CFS, Chief Investment Officer at CEF Advisors, Founder of CEFData.com

“Describes how using high current cash yields to "create your own growth" through re-investment and compounding is a more predictable way to build wealth than relying on "wishing, waiting and hoping.” Read, enjoy and prosper!”
– Karen Van de Castle, former Wall Street banker, consultant and educator

"An absolute MUST READ for non-investment professionals. Thoughtful, methodical and not unnecessarily technical in telling people how to make money in the long run. A bargain for those who want a common sense approach to investing.”
- Richard W. Thaler, Jr., Managing Partner - Lieutenant Island Partners

 

Edition details

• Publisher: McGraw Hill
• Publication date: 2020
• Language: English
• ISBN 10: 1260458539
• ISBN 13: 9781260458534
• Binding: Hardcover
• Edition number: 1
• Number of pages: 240