The Smart Investor's Money Machine

Practical trading strategies that any investor can use to achieve consistent long-term returns Bill Kraft shows readers at all stages of life how to generate multiple income streams through a variety of investment strategies. Rather than look at trading as a means to make a big score, Kraft advocates strategies that provide regular income streams. In easy-to-understand language, he discusses how strategies involving covered calls, LEAPS, REITs, closed-end funds, options spreads, selling naked puts, bonds, annuities, master limited partnerships, and even reverse mortgages can be utilized to consistently generate cash flow.

He includes strategies that limit risk, are easy to implement, and are relatively stress free. Throughout the book, Kraft intersperses personal stories about his own experiences with various proven, moneymaking investment strategies. Bill Kraft (Conifer, CO) practiced law for more than 30 years before embarking on a second career as a trader.