Income Investing Today
Income Investing Today details a safe alternative to the downside
risks inherent in the stock market--income securities that can
provide a 7% to 8% annual cash income. With this book, fixed income
expert Richard Lehmann outlines income investing concepts you need
to understand, various investment vehicles, and investment
strategies that will help you build a safe, diversified portfolio
of investments.
The investment vehicles he explains range well beyond traditional
fixed income securities or creditor instruments such as bonds, to
include hybrids, REITs, mutual funds, and more. He shows that the
key to building a steady, growth-oriented income portfolio is to
diversify over a variety of securities that depend on different
drivers--that is, portfolios that are not vulnerable to any one
specific economic factor such as interest rates.
The ideal guide for individual investors saving for retirement and
seeking more safety in their portfolios, Income Investing Today
shows how a diversified collection of income securities can equal
or exceed the returns from common stock with much lower risk.