The DOW 30 - Really Interesting Numbers The DOW 30 companies (best in the world) pay shareholders about 3.30% of in-your-pocket income. Less than the 4% needed in retirement, without including management fees, if any, and a small fraction of company earnings. Their collective P/E ratio is an incredibly speculative 43.37/1. Not one is in single digits, as most of them were in the past. My universe of nearly 100 high quality Equity Closed End Funds allows you to own all these companies and pays...
28 days ago • 1 min read
Hi everyone, I’ve been a bit quiet on here lately, but that’s because I’ve been working up something special for you all. I am excited to announce the launch of the NEW RMS Income Investing Community! This exclusive community is designed to help professionals and retirees like you build an income-focused retirement portfolio that generates dependable income, adapts to market changes, and doesn’t sacrifice growth potential. When you join, you’ll gain access to expert guidance and invaluable...
3 months ago • 1 min read
THE INCOME INDEPENDENCE COACH I'm sure we'll be discussing this in the November 13th Q & A, but here we are in a not so great profit-taking environment for the first time in several months. For many of you, this is your first such experience. You'll remembering me saying that it won't always be this easy! Prices in IRE (Interest Rate Expectation) sensitive securities have pretty much stopped rising and all CEFs are IRE sensitive securities. Typically this has no impact at all on CEF...
5 months ago • 1 min read
Thank you all so very much… For making my first year as an Income Independence Coach a rousing success. You have no idea how satisfying and interesting it is getting y’all into this totally new mindset and putting you on the path to income independence! Just 18 months ago, I was managing $110 million in working capital for roughly 145 individuals, families, and businesses throughout the USA. Today, I’ve coached 110 investors throughout the world and provided security selection universes to...
6 months ago • 1 min read
Hi all, Amazon’s Big Deal Days are officially here, and for the next 24 hours only, you have the opportunity to grab a copy of Retirement Money Secrets with FREE shipping and 90% off the audiobook if you aren't already a member of Audible. This special sale is happening today and tomorrow only, so if you’ve been waiting to dive into the strategies and insights that’ll guide you toward true retirement income independence, now’s the time to get your hands on these secrets! Plus, with the...
6 months ago • 1 min read
For me, 2024 is developing into a best-ever total income year, with profit-taking exceeding the "six-months of distributions" level (total realized, in-my-pocket, income of about 14% through September). Those of you who started the Income Focused Investing program recently should be doing equally as well or better, even with pulling the trigger on profits a bit later than I do. Isn’t it great having hundreds of suitable CEFs to choose from as "replacement parts"? I'm sure most of you have...
6 months ago • 1 min read
