Sunday, June 10, 2007

Income Investing Today - Book Review





What Is It About?

The book discusses the benefits of income investing. Looking at different income securities such as bonds, REITs, preferreds, and convertibles, the author covers various ways to invest for income. The book also does a good job of introducing the new investor to how income securities are priced and how they trade. Overall, a solid text on fixed income investing.


What Did I Get Out Of It As A New Investor?

Income investing is a lot like riding a moped. It can be a lot of fun, you just don’t want your friends to see you doing it.
Using fixed income securities as investments often finds stereotyping as something for those entering the twilight of their years. But like all stereotypes there are exceptions to the rule. This book argues that properly done, income investing can be just as rewarding as common stock investing with a lot less risk. Well written the book convinces the reader that consideration of fixed income securities must form a part of portfolio construction. It does so in a manner which demystifies and explains how fixed income securities work.


The Good News

A good book which explains in an understandable manner to the new investor the various types of fixed income securities and how they operate.


The Bad News

The book states at the outset it does not endeavor to provide a comprehensive review of all things related to fixed income securities. Therefore, while this is a good book for the beginning investor in fixed income securities, at some point investors will need to seek out additional materials to further their education.


The Bottom Line

I came away more knowledgeable about fixed income securities and believe it is a good book for those looking to gain knowledge on fixed income securities.


Other Related Reading:

7 comments:

Anonymous said...

warhammer gold warhammer money warhammer accounts tibia money tibia gold tibia item runescape accounts buy runescape accounts runescape money runescape gold runescape gp runescape power leveling runescape powerleveling cheap rs2 powerleveling runescape equipment buy rs equipment runescape runes cheap rs2 runes runescape logs cheap rs2 logs runescape items buy runescape items runescape quest point rs2 quest point cheap runescape questpoint runescape gold runescape items runescape power leveling runescape money runescape gold buy runescape gold buy runescape money runescape items runescape accounts runescape gp runescape accounts runescape money runescape power leveling runescape powerleveling tibia gold dofus kamas buy dofus kamas wow power leveling wow powerleveling runescape questpoint rs2 questpoint Warcraft PowerLeveling Warcraft Power Leveling World of Warcraft PowerLeveling World of Warcraft Power Leveling Hellgate money Hellgate gold buy runescape logs buy rs2 items cheap runescape items Hellgate London gold Guild Wars Gold buy Guild Wars Gold runescape items rs2 accounts cheap rs2 equipments lotro gold buy lotro gold buy runescape money buy runescape gold buy runescape runes lotro gold buy lotro gold runescape money runescape gold cheap rs2 powerleveling eve isk eve online isk buy runescape power leveling rs2 power leveling tibia gold tibia item runescape accounts Fiesta Silver Fiesta Gold Scions of Fate Gold Hellgate Palladium Hellgate London Palladium SOF Gold Age Of Conan Gold AOC Gold ArchLord gold tibia money tibia gold runescape accounts runescape gold cheap rs2 powerleveling buy ArchLord gold DDO Plat Dungeons and Dragons Online Plat

penny stocks said...

I have a web site where I give advise on penny stocks and stocks under five dollars. I have many many years of experience with these type of stocks. If their is anyone that is interested in these type of stocks you can check out my web site by just clicking penny stocks. I would like to take a moment to talk about low price stocks not classic penny stocks or stocks under one dollar the term most people most often think of when the word penny stock is used. Their are companies of really decent quality trading under five dollars’ but for every one company trading under five dollars that is of decent quality their are maybe ten of poor quality. So the really big difference between those investors that are tremendously successfull when it comes to investing in low price stocks and those investors that lose enormous amounts of money investing in stocks under five dollars’ is having a great deal of knowledge and experience when it comes to low price stocks’ or having a total lack of knowledge and experience when it comes to low price stocks. Finding quality stocks under five dollars requires a lot more research than finding a decent stock above ten dollars.

Mcx Tips said...

The topics of your blog is very modern and interesting issues, I really like your blog.

Stock tips said...

Thanks for sharing the information. That’s a awesome article you posted. I found the post very useful as well as interesting. I will come back to read some more. Stock tips

Stock tips said...

This is so cool. I am such a huge fan of their work. I really am impressed with how much you have worked to make this website so enjoyable. Stock tips

QUALITY STOCKS UNDER 5 DOLLARS said...

Investing for income is great.

Learn Stock Market said...

Great explanation about this topic and i am new guy to this job thanks to sharing the wonderful articles.This is an interesting post. It is also a helpful resource. Great topic, thanks for taking such good care of this website!