I don't have to tell you how smart a focus on income investing can be. But you may not understand just how profitable it is over the long run. As you'll see, having a little patience -- and finding the right stocks -- can turn even small chunks of cash into a goose that lays golden eggs every single day.

Eat whatever you want. Forget exercise. But do these three (painless) things to ensure a happy 2010.

There are plenty of international income funds on the market paying yields above 6%. I'll show you how these gems can provide access that you can't find on your own... while even paying up to 15% or more per year in regular monthly payments.

This little company has been accelerating revenues all year and now yields 5.25%.

Never before has the United States banking system been so flush with cash. But you can only pull money out of thin air for so long without triggering inflation. And it's all but certain: Inflation is coming.

Find out which asset class will not only protect your portfolio from inflation but actually profit from it.

The telecom industry is known for its stable cash flows and high yields, but is also under pressure from wireless providers. But I've found a certain area of the industry that is still humming along and paying out yields to call home about.

With two large acquisitions this year, and two more in the pipeline, this double-digit yielding cash cow is rapidly expanding its customer base.

The landscape for income investors is on the cusp of changing. In the next few months, Congress will vote on the 2010 federal budget, which is likely to recommend a provision to increase dividend taxes on some Americans.

If passed, the rule change will require new strategies for income investors. And while some investments will suffer, we found one high-yield investment class that looks even more attractive after the tax hike.

With nearly no debt, a healthy dividend, and great earnings growth, this tax-advantaged company has plenty of room to grow. And it's priced significantly below its peers.

This company sells practical necessities to the largest population on earth. Its growth potential is massive, and the stock currently yields more than 20%.