Steven Bavaria - The Income Factory: An Investors Guide to Consistent Lifetime Returns

Praise for The Income Factory

The Income Factory shows that by shifting their focus from the fickle markets ups and downs to the power of reinvesting and compounding income, investors can build their wealth abundantly while also sleeping well at night.

MARTIN FRIDSON, CFA, Publisher, Forbes/Fridson Income Securities Investor

A preeminent thought-leader in strategic income investing, Steve Bavaria inspires investors to break free of the financial industrys obsession with market price and to focus on what really matters: growing an income stream. A refreshing and practical good read for all, The Income Factory empowers us to invest in the right assets, for the right reasons, and with the right strategy.

KATHLEEN A. CORBET, Founder and Principal of Cross Ridge Capital, LLC

Steve is a visionary thinker who left his mark on Wall Street by creating a whole new category of credit ratings that helped transform the once sleepy leveraged loan market into a $1.3 trillion behemoth. The Income Factory is a must-read for investors who are looking to confidently generate investment income in todays yield-starved world.

STEVEN MILLER, Head of Leveraged Finance Intelligence at Fitch Solutions

Steven Bavarias Income Factory is a simple yet elegant approach for the average investor to leverage the magnificent power of compound interestAlbert Einsteins eighth Wonder of the World. He who understands it, earns it!

STANFORD CHEMIST, Founder and Publisher of CEF/ETF Income Laboratory on Seeking Alpha

Generating income from investment cash flows is an ancient concept, but it takes Steve Bavarias unique blend of market and journalistic experience to reimagine it. With wonderful clarity and logic, The Income Factory challenges market value convention, offering the non-heroic benefits of credit payment streams. A must-read in a volatile and uncertain investing world.

RANDY SCHWIMMER, Head of Origination and Markets, Churchill Asset Management and Founder/Publisher, The Lead Left

Bavarias plain talk on credit investing empowers investors to produce high-yield returns that are much easier to forecast than stock market moves.

DIANE VAZZA, former Global Head of Fixed Income Research at Standard & Poors

Steve Bavarias The Income Factory explains how high-yield investments can be used to achieve stock-market returns as good or better than the usual price-focused strategies. Cash returns are more reliable than market price returns and can be reinvested to create your own growth by buying more assets. Steves plain-English explanations are a pleasure to read and easy to follow.

DAVID VAN KNAPP, popular Seeking Alpha writer and author of eight e-books on Dividend Growth Investing

The Income Factory takes the historical perspective of Benjamin Graham, equating free cash flow to current distributions, with a goal of growing cash flow dramatically over time. When you focus on what the portfolio produces versus paper gains/losses, you see the benefits of this river of cash to meet return goals rather than increased prices alone. A simple yet profound way to build portfolios that can increase cash flow even in bear markets, while helping avoid panic selling. I hope EVERY investor takes the time to read and follow this books principles.

JOHN COLE SCOTT, CFS, Chief Investment Officer at CEF Advisors, Founder of CEFData.com

Steve Bavarias The Income Factory describes how using high current cash yields to create your own growth through reinvestment and compounding is a more predictable way to build wealth than relying on wishing, waiting, and hoping the market will do it for you. I have long admired Steves straightforward ability to communicate. Read, enjoy, and prosper!

KAREN VAN DE CASTLE, former Wall Street banker, consultant, and educator

Your book is an absolute MUST-READ for non-investment professionals. You are thoughtful, methodical, and not unnecessarily technical in telling people how to make money in the long run! Whatever you charge for the book will be a bargain for those who buy it and use its commonsense approach to investing.

RICHARD W. THALER, Jr., Managing Partner, Lieutenant Island Partners

Heres what investors on Seeking Alpha have said about The Income Factory:

I have been following Steven since 2013. I consider myself quite fortunate to have discovered him and his Income Factory concept.

cayecaulker

Love the philosophy and the results. Thank you.

Malka

Steven has one of the best retirement solutions out there. Keep up the good work.

TSampson

Have been following and mimicking the Income Factory for about 18 months; Love the results.

glippmann

As a technology and business systems analyst I always strived to design solutions that were simple, user-friendly, and very effective! Steven Bavaria has done just that with his Income Factory investment philosophy and approach!

Eric Telmer

I want to thank you for your work here. Your articles have really affected my thinking. I was especially struck by the image of just having to finish the race instead of win it. Anyway, thanks again.

jklugmn

Great stuff!

phuongle1985

Collect the cash, re-invest in closed-end funds, and the income continues to grow every month.

yieldplay

Thanks for your continued sound strategy!

mgh4814

Your investment philosophy makes enormous sense for most; your focus on income, irrespective of where indexes might be today or tomorrow or were yesterday offers simplicity and effectiveness. It also allows the investor to do what the vast majority never do, and thats buy when theres a sale going on. Thank you for your significant and continued contributions.

du4sloop

You are on my very limited must-read list.

Pinot44

Great article and great education piece; cant wait to read the book.

Alpha Gen Capital

Not having to win the race... but just finish... is pretty much my strategy for everything now. Thanks, S Bavaria.

RABrow

Excellent article. I enjoy your rather humble writing style along with the financial analysis.

Christopher Smith

You hit the nail on the head and thats why I love reading your articles. Its the Income that matters more so than the paper value.

timeveritt

I am a fan of your Income Factory investing and have moved about 95% of my investments to this approach. Thank you for all your work and investment ideas.

cjstockpicker

A huge thank you for being the straight shooter that you are. You have inspired me to learn more... and cant wait to buy your book. Really look forward to reading every article that you post.

Billfisher

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MHID: 1-26-045854-7

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