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Join us on Average Joe Finances as our guest Steve Selengut, a professional investment manager with over 40 years of experience and the author of 'Retirement Money Secrets’,  shares his journey into investment management, emphasizing the importance of diverse income streams, market volatility, and income-focused investing. He discusses his father's influence on his understanding of income generation, his early experiences in handling investment portfolios, and his strategy for using closed-end funds to secure steady income.

In this episode:

• Learn how income-focused investing can create financial stability in retirement, even during market fluctuations.
• Discover why closed-end funds offer a reliable monthly income stream and long-term wealth-building potential.
• Understand the power of embracing market volatility rather than fearing it, using strategic investment approaches.
• Gain insights into aligning your financial strategy with personal goals for a secure and stress-free retirement.
• And so much more!

Key Moments:

00:59 Meet Steve Selingut: A Veteran Investment Manager

01:22 Steve's Early Investment Journey

03:44 Investment Strategies and Market Insights

06:45 The Importance of Income Streams

09:28 Closed-End Funds Explained

15:47 Steve's Biggest Financial Lessons

20:12 Advice for New Investors

22:42 Steve's Recommended Resources

24:41 Where to Find More About Steve

Find Steve Selengut on:

Website: https://theincomecoach.net/

LinkedIn: https://www.linkedin.com/in/privateinvestmentmanagement/

Youtube: https://www.youtube.com/@steveselengut

Average Joe Finances®

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