The Magic of Income Investing: Grow Your Pension - MFI Series1, #10 - E-book - ePub

I love immediate income! That is the benefit of income investing-you'll see results in real-time. Income investing is the art of investing in high-yielding products to live from your investments someday.  Dividend growth investing and income investing require two separate and distinct mindsets. Income investing requires you to understand the best time to purchase your securities.  If you understand the basics of closed-end funds, mortgage REITs, preferred shares, dividend ETFs, and high-yield blue chips stocks, you can buy these products when they are on sale. The better the discount, the higher the yield.
Income investing is more hands-on than dividend growth investing and will require you to have a deep understanding of interest rates, federal funds rates, and business practices. That being said, income investing is fun at all times of the year. I love getting quality, high-yield products on sale. The end goal of income investing is to create a solid pension to pay your expenses in retirement. If this sounds like something you'd like, please join me inside.