The Income Factory

An Investor’s Guide to Consistent Lifetime Returns

By: Steven Bavaria

Narrated by: Fred Filbrich

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 reinvesting 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 nine percent yielding portfolio doubles and redoubles every eight 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.

©2020 McGraw-Hill Education (P)2020 McGraw Hill-Ascent Audio

I can do this

This book gave me a good foundation to start looking outside the box of conventional investing. I've listened to the audio and downloaded the Kindle version of this book. I've already started to adjust my portfolio and I'm seeing positive results. Thank you for the insight.

Good Pitch to Better Returns

I think the one major flaw to this book was the lack of PDF that was referenced to several times. Good insights on CEFs. I would recommend it for any investor looking to generate income.

I suppose ...

I suppose the ideas are good, but I am 6 chapters in and I have heard the same three points over and over again... really hard to listen to because it's frustrating/boring the hell out of me.

I hope there's some actionable advice here someplace because so far this could be one chapter of actual information.

Very repetitive and missing important links

I really like the ideas presented here but the most valuable information is in the tables that are often referenced but the audiobook doesn't include the tables so a lot of the details are missing. Really needs a PDF to go along with the audiobook.

Need reference data and materials

A nice strategy but Audible needs to include the PDF of tables and ticker symbols.

Where’s the PDF

Very good information but it would be very helpful to see all of the graphs that are mentioned along with any lists or summary of data. Very useful information and new insights I’ve never come across before. Feel like I need the book to access data and achieve a better understanding.

Only one complaint

This is a fantastic resource for anyone interested in closed end funds and alternative investing strategies. My only complaint is that there are a lot of references to links to tools and tables, but are not accessible from the audio book. There really needs to be an accompanying PDF. I checked the author’s website to no avail.

The Income Factory is a game changer for anyone close to retirement or in retirement.

The Income Factory is a game changer for anyone close to retirement or in retirement . It highlights an overlooked asset class - closed funds as the vehicle to generate income for years and decades. Please listen to this book over and over again as you will discover nuggets of useful information each time you listen.

Audio needs pdf support

Good information, but the table listing's of funds are not provided. And add much needed context to this book. The author provides a url but that url is no longer active and you must subscribe to his group to get the updates. And seeking alpha forces a large up front annual subscription rather than a monthly payment.

Stress Free Investing.

I really like investing in dividend companies. I receive the checks regardless of what the market is doing. I super charge this with selling covered calls for additional income. Took a lifetime to learn the gems in this book!