FPL - 'Finding The Pony' Or Why Market Declines Make Our Income Factory Grow Faster Than Ever

• The classic definition of an optimist was the kid who found horse manure under the Christmas tree and immediately asked, "Wow, where's the pony?"
• Fortunately for Income Factory investors, the "pony" - in the form of an income stream that grows even faster when market prices drop - is very real.
• Focusing on earning our total return in the form of high cash distributions, rather than relying on growth, lets us re-invest at bargain prices and yields when prices decline.
• So now as market prices continue to test new highs, it is helpful to reflect on our strategy for the eventual downturn.
• While "growth" investors are collecting tiny dividends and worrying about falling prices, an Income Factory's "river of cash" will allow us to hang tough while growing our income stream.

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