President of Sanco Services Inc.
Phone: 800-245-0494
Contributor's Links: Sanco Services
Steve is a private investment professional, working primarily with individuals and small businesses. He developed the Market Cycle Investment Management Process during the 1970s. He has always focused on individual IGVSI common stocks, CEFs, REITs and MLPs.. Steve invented, uses, and teaches his ...more

ALL CONTRIBUTIONS

Comments

Latest Comments
Retirement Money Secrets: A Financial Insider's Guide To Income Independence Excerpts
1 year ago

That's precisely what's explained in Retirement Money Secrets

Retirement Money Secrets: A Financial Insider's Guide To Income Independence Excerpts
1 year ago

Retirement Money Secrets tells all! Available in book stores everywhere  https://www.amazon.com/dp/B0CG2DMFW6

Retirement Money Secrets: A Financial Insider's Guide To Income Independence Excerpts
1 year ago

All of the srategies and processes I use are explained in Retirement Money Secrets,. You should be able to preorder soon at Amazon

Income Investing Fantasyland: High Dividend Equity ETFs And Mutual Funds
6 years ago

I've just set up a website for The Brainwashing of the American Investor. Please send this link to your friends, relatives, contacts, connections, and even virtual strangers. Buy a book for yourself, and I'll send an e-book to anyone you choose. https://wallstreetbrainwashingbook.com/ Thanks

Income Closed End Funds And Total Return Analysis
9 years ago

...lower stock prices are a cyclical fact of life, an opportunity to add to positions at lower prices. There need be no panic selling in high quality holdings, and no flight to 1% Treasuries from 6% tax free Munis... dividends and income keep rolling, providing income for retirees, college kids, and golf trips ---

How To Be Prepared For Rising Interest Rates
9 years ago

The purpose of income investments is the generation of income. You are not a bond trader... Control the quality selected, diversify properly, and compound that part of the income that you don't have to spend. Price is pretty much irrelevant; you can't pay the bills with market value.

One Person’s Bond Crash Is Another’s Income Opportunity
9 years ago

Yes, YOU can be the Master of this Universe!

Is Your Investment Portfolio Prepared For Higher Interest Rates?
9 years ago

Actually, the financial crisis was the only time that the CEFs "crashed" almost along with the stock market... they typically fall quite a bit less, get "discovered", and rise more quickly than the averages in the recovery.... Investment Grade Value Stocks also outperform the general market in terms of both drawdown and initial comeback.....

I use CEFs to DEVELOP an income program either as part of every portfolio or all of a retirement portfolio... a lower price most often (in my experience) is simply an opportunity to increase yield and decrease cost basis per share in one fell swoop.

Ironically, as a professional, I'm not permitted to give direct advice in a forum like this, or specifics...but as a general rule, it's best to treat income CEFs as income purpose securities regardless of what people think the "future" will bring.

1 to 10 of 13 comments

STOCKS I FOLLOW

TWEETS

PERSONAL BLOG

Latest Posts

Work Experience

Education

Publications