The Magic of Income Investing 2: Your Household Runs on Income: Financial Freedom, #149

By Joshua King

Becoming an income investor changed my life. I struggled with my finances and finding enough money to get through the month.

 

Today, I always have extra income remaining at the end of the month. The goal of income investing is to produce excess cash flow.

 

Your household runs on cash flow. As your kids grow and life happens, you will need even more income than you can imagine.

 

Your income-investing portfolio is there when you need it. If you don't need the funds, you can reinvest to make even more the next month.

 

Becoming an income investor has a steep learning curve, but you can overcome it. Just let your dream lifestyle fuel your passion for dividends, and it'll all work out. Good Luck!

 

• Language: English
• Publisher: Joshua King
• Release date: May 9, 2023
• ISBN: 9798223551584

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Table of Contents

MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF

The Magic of Income Investing 2

All Right Reserved Military Family Investing | 01  The Magic of Income Investing 2

02  The Magic of Cash Flow

03  Your Income Should Increase Every Year

04  Income Investing vs. Inflation

05  The Six Types of Income Investing

06  The Most Challenging Part of Passive Income: Enjoying It

07  You’ll Need $20,000/Month in Passive Income

08  The Pros and Cons of Closed-End Funds

09  Think of Preferred Shares as Gift Cards

10  Life as an Income Investor

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MILITARY FAMILY INVESTING

Joshua King

Home of the Free PDF

www.militaryfamilyinvesting.com

The Magic of Income Investing 2

Your Household Runs on Income

01  The Magic of Income Investing 2

02  The Magic of Cash Flow

03  Your Income Should Increase Every Year

04  Income Investing vs. Inflation

05  The Six Types of Income Investing

06  The Most Challenging Part of Passive Income: Enjoying It

07  You’ll Need $20,000/Month in Passive Income

08  The Pros and Cons of Closed-End Funds

09  Think of Preferred Shares as Gift Cards

10  Life as an Income Investor

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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.

All Right Reserved Military Family Investing

01  The Magic of Income Investing 2

I see the world through math; I can understand if something makes sense financially rather quickly. I also invest in generating income.

The more income that comes into my accounts, the easier my life becomes. Revenue minus expenses creates cash flow.

Cash flow is the lifeblood of any business and every household. To consistently overcome inflation, emergencies, and life events, you will need to keep increasing your income.

Dividends vs. Military Retirement

Welcome to income investing. Luckily, we can grow our income via dividends faster than our paychecks from work.

Income investing is the practice of investing in high-yield securities to create cash flow. Income investing differs from dividend growth investing because you want your income now, not tomorrow.

The magic of income investing is that you can see your income now. For example, you can invest $1,000 in PDI and know you will receive $10/month.

The goal of income investing is to build a steady paycheck that can supplement your lifestyle. Eventually, you can live your entire life on dividends.

Five Takeaways from The Psychology of Money

The six types of income investing. I divide income investing into six different types. Each type has its own quirks and nuances, so you must keep learning and growing.

1) Closed-End Funds. Closed-End Funds (CEFs) are my favorite income investing product because they usually pay monthly. This allowed you to build a monthly paycheck as your base of operations.

2) Preferred Shares. You can find fantastic deals when searching for