- Pub. Date:
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.
NOTE: This book is all-original and all-unique content. It has a fully linked Table of Contents.
The Dow Jones Industrial Average is now about at the high it first broke ten years ago. The buy and hold strategy requires a lot of patience these days.
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.
"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
"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.
Many people in their fifties and early sixties are wondering when -- or even if -- they'll be able to retire.
What's the alternative? Investing for income.
Learn how to make money whether the stock market goes up, down or sideways.
Richard Stooker is a freelance writer with a long time interest in financial related subjects. He's not only read tons of books on investing and trading, he's learned what works and what doesn't the old-fashioned way -- by losing money because of believing bad advice.
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|File size:||363 KB|
|Age Range:||18 Years|
About the Author
Richard Stooker hails from the Mississippi River town of Alton, Illinois, warping him for life.
Rich in history, Alton provides a combination of the idyllic Illinois background Ray Bradbury wrote of; the Mississippi River and bluffs of Mark Twain; and a rich, unique history -- often violent.
From the Indian legend of the Piasa Bird, to the tallest man who ever lived (Robert Wadlow), to the assassin of Dr. Martin Luther King, Jr., James Earl Ray.
FATE Magazine terms Alton "The most haunted small town in America."
Richard's childhood home stands close to the route where Union wagons once carried the corpses of Confederate prisoners who died of smallpox. At 8 years old, he first hears of James Earl Ray, (who later assassinates Dr. Martin Luther King, Jr.) Ray robs a grocery story owned by the grandparents of close neighbors and friends.
In 1974 a still-unknown murderer abducts one of Richard's friends from a record store and kills him. Several years later, the father of other childhood friends goes on a jealousy-inspired, mass murder spree, killing three people -- including Richard's high school class president -- before committing suicide.
Richard's over 30 years for a social service government agency gives him a broad background of dealing with both the worst and best people in modern society.
When he writes, Richard realizes the horror and joy of every day life inspire dark fantasy stories.