The Income Factory: An Investors Guide to Consistent Lifetime Returns by Steven Bavaria

The Income Factory: An Investors Guide to Consistent Lifetime Returns by Steven Bavaria

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.

Steven Bavaria writes about finance, economics and politics, drawing on forty-five years experience in international banking, credit, investment, human resources and journalism. Bavaria began his career at the Bank of Boston, handling a variety of international credit workouts, including a corrupt Greek shipowner, a Vatican-owned bank and troubled branches in Australia and Panama. He later ran the bank's human resources department, his first exposure to the conflicted governance process that he writes about in Too Greedy for Adam Smith. Later he worked at Standard & Poor's, where he introduced credit ratings to the syndicated loan market. In between he was a reporter for Investment Dealers Digest, Associate Commissioner of the Massachusetts Department of Mental Health and worked briefly for Citibank. He ended his career with a stint at a smaller rating agency where his article From Banker to Bookmaker was deemed a bit too candid in describing the conflicted role of major investment banks. Bavaria graduated from Georgetown University and New England School of Law. He and his wife Betsy have four children and three grandchildren. He lives in Boca Raton, Florida.

SKU	Unavailable
ISBN 13	9781260458534
ISBN 10	1260458539
Title	The Income Factory: An Investors Guide to Consistent Lifetime Returns
Author	Steven Bavaria
Condition	Unavailable
Binding Type	Hardback
Publisher	McGraw-Hill Education
Year published	2020-03-29
Number of pages	240
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable