Retirement Ready Income Programs

A Must Read For Experienced And Novice Investors: 29 5-Star Reviews

4
Submitted by The Investment Shadow | RSS Feed | Add Comment | Bookmark Me!

5 stars, A MUST READ! 

By IMF, on Amazon.com

This review is from: The Brainwashing of the American Investor: The book that Wall Street does not want you to read! (Hardcover)

MUST READ - I read this book 3 times within the first week that it was given to me. I am constantly referencing it on a daily basis to ensure that Steve's investment strategy is my main focus and that I'm not reverting back to my old more emotional investment M/O.

The book goes into depth of how to choose a diversification of quality income producing investments. The strategy is methodical and the first month I implemented it on my accounts I started to see results....my profits improved and I'm ensured a monthly income even if I don't trade!... oh yea, he also addresses the psychology of the average investor which I think almost everyone can relate to some aspect and the importance of kicking those habits.

I've even missed out on some buying opportunities because I haven't kicked one of my old bad habits of purchase indecisiveness even though the book's strategy told me to buy it. Most importantly, I'm not a fan of those college fund plans and instead have set up a brokerage account for my kids' college fund and I am no longer fearful of losing their college funds because I can trade with confidence.... This book is a - MUST READ!

Click the "Brainwashing" banner above right to buy the book.

Volumes of Amazon Book Reviews start here: http://retirementreadyincomeprograms.com/Inv/index.cfm/5801

CLICK HERE TO RECEIVE ALL OF MY NEW ARTICLES AND ANNOUNCEMENTS


 
Retirement Ready Income Programs
2971 Maritime Forest Drive
Johns Island, SC 29455
Phone (800) 245-0494 • Fax (843) 243-8509
Contact Steve directly for additional information: 800-245-0494
Please join the private article mailing list.

Please read this disclaimer:
Steve Selengut is registered as an investment adviser representative. His assessments and opinions are purely his own. None of the information presented here should be construed as an endorsement of any business entity; the information is only intended to be educational and thought provoking.

Please join the private article mailing list or Call 800-245-0494 for additional information

Risk Management: Income, 401k, and IRA Programs

Take a free tour of a professional investment managers' private SEP IRA program during ten years surrounding the financial crisis:

CLICK HERE

In developing the investment plan, personal financial goals, objectives, time frames, and future income requirements should all be considered. A first step would be to assure that small portfolios (under $50,000) are at least 50% income focused.

At the $100,000 level, between 30% and 40% income focused is fine, but above age 50, the income focus allocation needs to be no less than 40%... and it could increase in 10% increments every five years.

The "Income Bucket" of the Asset Allocation is itself a portfolio risk minimization tool, and when combined with an "Equity Bucket" that includes only Investment Grade Value Stocks, it becomes a very powerful risk regulator over the life of the portfolio.

Other Risk Minimizers include: "Working Capital Model" based Asset Allocation, fundamental quality based selection criteria, diversification and income production rules, and profit taking guidelines for all securities,

Dealing with changes in the Investment Environment productively involves a market/interest rate/economic cycle appreciation, as has evolved in the Market Cycle Investment Management (MCIM) methodology. Investors must formulate realistic expectations about investment securities--- by class and by type. This will help them deal more effectively with short term events, disruptions and dislocations.

Over the past twenty years, the market has transitioned into a "passive", more products than ever before, environment on the equity side...  while income purpose investing has actually become much easier in the right vehicles. MCIM relies on income closed end funds to power our programs.

To illustrate just how powerful the combination of highest quality equities plus long term closed end funds has been during this time... we have provided an audio PowerPoint that illustrates the development of a Self Directed IRA portfolio from 2004 through 2014.

Throughout the years surrounding the "Financial Crisis", Annual income nearly tripled from $8,400 to $23,400 and Working Capital grew 80% $198,000 to $356,000.

Total income is 6.5% of capital and more than covers the RMD.

https://www.dropbox.com/s/b4i8b5nnq3hafaq/2015-02-24%2011.30%20Income%20Investing_%20The%206_%20Solution.wmv?dl=0

Managing income purpose securities requires price volatility understanding and disciplined income reinvestment protocals. "Total realized return" (emphasis on the realized) and compound earnings growth are the key elements. All forms of income secuities are liquid when dealt with in Closed End Funds. 



Associated Content:
Stock Market Explodes After Trump Victory; Income CEFs Only Remaining Bargain - What happens in the future is unpredictable, but understanding the past and how it impacts your uniq...
New 52-Week Highs Swamp Lows Since Trump Victory; Eighteen Days and Counting - The New High and New Low issue stats can identify weaker and/or stronger sectors within the Investme...
Stock Market Issue Breadth Strong Since Trump Victory - IGVSI breadth statistics signal changes in direction within Investment Grade Value Stocks only --- a...
Market Rally Resumes; Trump Election Excites the Stock Market - The fewer IGVSI equities at bargain prices, the stronger the market and the more Smart Cash that sho...
IGVSI Up 16% thru November; Twice the Gain in the S & P 500 - The IGVSI is a barometer of a small but elite sector of the stock market called Investment Grade Val...
The Investment Grade Value Stock Index - Continued - The IGVSI was developed in December of 2007 to provide a benchmark for the Equity portion of MCIM po...
Investment Grade Value Stocks: August Market Statistics - The S & P 500 began to achieve new All Time Highs in March 2013 --- impressed? The IGVSI started a r...
Investment Performance Expectations and Broker Account Statements - Whether you go the discount route through Schwab, Ameritrade, Fidelity, etc., or enjoy a higher leve...
Play Kiawah's World Famous Ocean Course For Free and For Two - Kiawah Island's renowned Ocean Course is rated one of the best tracks in the world that YOU can play...
Investment Performance Expectations: MCIM Portfolio Fine Tuning - How can I get you to stop fixating on monthly market values and to focus on the purpose of the secur...

Please read this disclaimer:
Steve Selengut is registered as an investment advisor representative. His assessments and opinions are purely his own and do not represent the views of any other entity. None of his commentary is or should be considered either investment advice or a solicitation of business. Anyone seeking individualized investment advice should contact a qualified investment adviser. None of the information presented in this article is intended to be or should be construed as an endorsement of any entity or organization. The reader should not assume that any strategies, or investments mentioned are any more than illustrations --- they are never recommendations, and others will most certainly disagree with the thoughts presented in the article.