Praise for The Smart Investor's Money Machine "Kraft writes in a style that is easy to read with attention to a large audience of investors and retirees (current and soon-to-be) that may have avoided some financial market opportunities because of perceived complexities. Bill makes clear sense of investor and retirement income possibilities. Apropos and useful to the financial market today."

— Kerry-Ben Kelly , small business owner and friend "If you liked his first book, you'll love his second. Kraft builds on what the reader learned in his first book by going much deeper into the strategies and by discussing some new products, as well as viewing these from an investment perspective as well as a trading perspective. A must-read if you are serious about wealth accumulation."

— Phil Schwegler , Vice President, Investments, Smith Barney " The Smart Investor's Money Machine is essential reading for investors of all ages. The timeless and tested strategies detailed by Mr. Kraft are well written and logically set forth. Superb information for the investor who desires to learn the intricacies of investing for maximum returns."

— Eric Aafedt , Publisher of MarketFN.com

From the Inside Flap

In today's uncertain economic environment, you need more than one stream of income to secure your financial future. And while the company you work for and our government may make certain financial promises today, those guarantees may not be there tomorrow. But, if you rely upon yourself, you can improve your current situation and increase the likelihood of a more comfortable retirement. Nobody understands this better than author Bill Kraft. During his decade-long journey through the markets, he's achieved significant success and assisted countless traders and investors in doing the same. Now, with The Smart Investor's Money Machine , he highlights over a dozen proven investment strategies that will allow you to create and manage additional streams of income-no matter where you are in life or what your financial experience may be. Divided into two comprehensive parts, this reliable resource opens by addressing the importance of developing a "money machine" trading plan that's consistent with your financial goals, resources, and risk profile—as well as your time constraints. Part I puts these important concepts in perspective and discusses many other essential aspects of building a money machine that's right for you. After this informative introduction, you'll become familiar with the best ways to power your money machine in Part II. Here, Kraft explores a number of specific money machine strategies and vehicles-from dividend capture, writing covered calls, and selling naked puts to Master Limited Partnerships, LEAPS, REITs, annuities, and even reverse mortgages. He examines where the risks lie, what potential rewards each offers, and then details precise ways to use these strategies. Through the help of hypothetical characters-each of whom are dealing with different circum-stances-Kraft illustrates what it takes to successfully implement the money machine approach and highlights how you can adjust it to fit your investment endeavors. And, if you become interested in being a more active trader, the final chapter of the book contains important keys to excel in this arena. Countless strategies, systems, and methods are sold to the investing public with an implied promise of infallibility. But the truth is that there is no holy grail to instant riches. Building wealth takes patience and persistence, but most of all, it takes more than one stream of income. With The Smart Investor's Money Machine as your guide, you'll discover how to make this proven approach work for you and achieve better long-term financial returns in the process.