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How to Invest for the Goal of Growing Income

Why do you invest?

It’s a simple question, but one so few people consider. Investors often fail to understand their reason for making investments, for saving money, or for what they invest in. They fail to ask themselves the fundamental question for making an investment – to discover their “why.”

I believe the biggest why of investing is income. Either income for today, or income for tomorrow. My reasoning is simple: income is what we spend, and spending is how we use money as a resource. All roads lead back to income. So how can we position a portfolio for maximum income either for use today or in the future?

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Steve Booren

Steve Booren

Steve Booren is the Owner and Founder of Prosperion Financial Advisors, located in Greenwood Village, Colo. He is the author of Intelligent Investing: Your Guide to a Growing Retirement Income and a regular columnist in The Denver Post. He was recently named a Forbes Top Wealth Advisor in Colorado.

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How to Go Paperless with LPL Financial

If you are interested in reducing the amount of LPL Financial and shareholder correspondence you receive in the mail, here are some helpful instructions for going paperless.

Please contact us if you currently do not have online access to your accounts through Account View or WealthVision™. We will gladly set you up to view your accounts online.

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Steve Booren

Steve Booren

Steve Booren is the Owner and Founder of Prosperion Financial Advisors, located in Greenwood Village, Colo. He is the author of Intelligent Investing: Your Guide to a Growing Retirement Income and a regular columnist in The Denver Post. He was recently named a Forbes Top Wealth Advisor in Colorado.

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Follow Me:
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How to Stay Ahead of the Investing Curve

Here’s a quiz question: Why did the average investor see a 3.5% return while the U.S. stock markets averaged annual returns of 7.8% over the past 20 years?*

The answer is simple, the average investor bought high and sold low.

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Steve Booren

Steve Booren

Steve Booren is the Owner and Founder of Prosperion Financial Advisors, located in Greenwood Village, Colo. He is the author of Intelligent Investing: Your Guide to a Growing Retirement Income and a regular columnist in The Denver Post. He was recently named a Forbes Top Wealth Advisor in Colorado.

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Follow Me:
LinkedInYouTube