Gambling or Smart Investing? The Truth About Using Leverage
Manage episode 423106873 series 3507175
In this eye-opening interview, Steve Selengut, a seasoned financial expert with over forty years of experience, challenges traditional investment wisdom. With his MBA and investment background, he shares his proven strategies that redefine financial planning, aiming for consistency and profitability.
Selengut's unique approach prioritizes generating income over chasing market value gains. He recommends investing in closed-end funds, which are investment vehicles that distribute a significant portion of their earnings to shareholders. By diversifying across multiple closed-end funds, Selengut aims to minimize risk while maximizing income.
Throughout the conversation, Selengut stresses the importance of quality, diversification, income generation, and profit-taking. He offers valuable insights into market cycles, asset allocation, and the mindset needed for successful investing. Whether you're planning for retirement or striving for financial freedom, this interview provides a refreshing perspective on achieving your investment goals.
Visit https://theincomecoach.net to learn more about Steve Selengut's background, services including coaching, individual portfolio review, and security selection universes.
Subscribe to our channel for more leadership, entrepreneurship, personal development, and success stories.
๐ https://bit.ly/InspiredbySuccess_Instagram
๐ https://bit.ly/InspiredbySuccess_Facebook
๐ https://bit.ly/InspiredbySuccess_Tiktok
๐ https://bit.ly/InspiredbySuccess_Youtube
๐ https://bit.ly/InspiredbySuccess_Spotify
๐ https://bit.ly/InspiredbySuccess_Podcast
๐ https://bit.ly/InspiredbySuccess_Linkedin
To watch the podcast on video on my YouTube channel go to:
https://www.youtube.com/@InspiredbysuccesswithLindaVo
66 episodes