- 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.
For further details see:
'Finding The Pony,' Or Why Market Declines Make Our Income Factory Grow Faster Than Ever