The Income Factory
The Income Factory provides a groundbreaking method to build an income stream that increases solidly and consistently―a result of re-investing and compounding the dividends. This income stream actually grows faster during market downturns than during flat or rising market periods. The Income Factory book sheds light on why high-yield doesn’t have to mean high risk. Ultimately, it shows you how to grow your wealth steadily without following the markets obsessively.
Praise for The Income Factory
"The Income Factory shows that by shifting their focus from the fickle markets 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 industrys 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 and 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 todays 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."
— 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