5 Solid Resources for Income Investors
Whether you are still growing your wealth for the future, or drawing down income to live on, income investments should form a core part of your portfolio.
For the accumulators reading this, leveraging the power of compound interest is quite simply the most powerful tool you have at your disposal to grow your wealth as fast and as efficiently as possible throughout any market conditions.
If you are drawing down income today, and you do not own assets that generate regular cashflow at the best possible rate, you are not maximizing the return potential of your investments, period.
Regardless of your current financial circumstances and investing horizon, growing your own knowledge and education about the current market and the investment options available to you remains the best investment you can make.
Here is a list of useful websites and resources that provide valuable up to date market information, investing strategy education, and information on the various income investing options available today.
The Motley Fool
This website has been around for ages, and if you are not already subscribed to their newsletter, you should be. You will find expert commentary of stocks from world-beating investors and advisors. This is a great resource is you are investing for dividends.
Here’s a link to a great article they posted about income investing.
These guys have been around for 20 years, giving finance and investing advice on all sorts of asset classes. They have over 100 million readers per year, and have published more than 9,000 articles written or checked by investing professionals.
You can read one of their articles on income investing here.
No list of investing resources would be complete without reference to Investopedia. They are one of the most trusted educational resources in the internet, with a ton of information on investments and investing.
Read about passive income investment at Investopedia at this link.
Passive Income MD
This is a blog written by a Doctor that is investing for passive income. He provides full exposure on his investments, so this is a great opportunity to learn from another investor’s real-life experience. He also has a podcast with about 20 episodes so far.
Check out his article on the pro’s and con’s of income investing here.
This is another personal investing blog that made it big. The Author is a successful income investor, and provides advice and education for other investors through his top quality articles. He has an interesting back story with a ton of investing experience, so be sure to check it out.
This article from Financial Samurai ranks the best passive income investments.
So there you have it, 5 resources to you can use today to increase your knowledge base and get educated on the best ways to invest for income. For more useful like this one, visit Garnaco’s blog.