Yes, You Can Be A Successful Income Investor!: Reaching For Yield In Today's Market

by Ben Stein, Phil DeMuth

With the bursting of the stock market bubble, and after 13 rate cuts by the Federal Reserve, yields on CDs and Money Market funds tread at historic lows—a negative return after inflation. With smaller savings coupled with lower returns on what savings remain, retirees and others living on fixed-income investments watch in horror as their income checks shrink with each passing month. However, there are investments that still earn a significant rate of return—and do so reliably and consistently. These fixed-income securities include bonds, real estate investment trusts, preferred stocks, and emerging market debt, among others. As 70 million Americans reach retirement age in the next 15 years, fixed-income investing will become a sociologically inevitable megatrend. This book shows you how you can safely secure the highest possible yield from your savings.

Genres: Finance

223 pages, Paperback

First published January 1, 2005

About the author

Benjamin Stein is a multifaceted American figure known for his work as a writer, lawyer, actor, comedian, and commentator on politics and economics. He began his public life as a speechwriter for Presidents Richard Nixon and Gerald Ford, later gaining widespread recognition in the entertainment world for his deadpan comedic style. Stein became a pop culture icon through his role as the monotone economics teacher in Ferris Bueller’s Day Off and as the host of Win Ben Stein’s Money, a game show that earned multiple Emmy Awards. He also played Dr. Arthur Neuman in The Mask and its sequel. A Yale Law School valedictorian, Stein worked as a lawyer for the Federal Trade Commission and taught law and economics at Pepperdine University.
A prolific columnist, Stein has contributed to The American Spectator, Newsmax, The New York Times, and The Wall Street Journal, among others. His books, often co-authored with Phil DeMuth, address financial planning and economic commentary. In 2008, he wrote and starred in Expelled: No Intelligence Allowed, a controversial documentary criticized for promoting intelligent design.
Politically conservative, Stein has defended Nixon's legacy, expressed strong views on U.S. foreign policy, and advocated higher taxes on the wealthy to support military initiatives and reduce national debt. During the 2008 financial crisis, he came under scrutiny for downplaying early warning signs and misjudging the scale of the economic collapse.
Stein has also had an extensive voice acting and television career, appearing in series such as The Wonder Years, Seinfeld, and Family Guy, and voicing characters in The Fairly OddParents, Rugrats, and Animaniacs. His personal life includes a long-standing marriage to entertainment lawyer Alexandra Denman and homes in California, Idaho, and Washington, D.C. Though often polarizing in his opinions, Stein remains a recognizable figure across political, academic, and entertainment domains.

Reviews

[Mike · Rating 5 out of 5]

Rare five star rating.

This is an excellent book to teach you how to invest for the highest yield. I should add that Jeremy Siegel's books are also good for this type of investing. Say bye to the Apples, Microsofts, retailers, Googles, and other growth stocks, and hello to high yield, income producing securities. The key is to buy and hold forever, reinvesting your dividends along the way. As the years unfold you will find your portfolio grow larger and larger. Who cares if the market is up or down? Let it go down, and your reinvested dividends will buy you more shares.
This book is highly recommended.