In this engaging episode of Harmonious at Lunch, host Brandon Gano dives into the world of investment strategies with Steve Selengut, The Retirement Income Coach. If you’re a business owner, entrepreneur, or executive, you’ll want to tune in to rethink your investment approach and secure a prosperous future.

Steve Selengut brings over 40 years of hands-on experience managing client portfolios, developing a time-tested methodology for generating income far beyond the typical 4% most retirees expect. In this episode, Steve shares a glimpse into his own IRA portfolio, which currently (Nov 2023) generates nearly 12% in annual income. This strategy can be a game-changer for anyone looking to ensure financial stability and growth through retirement without dipping into their principal.

Steve's journey from a young investor to managing over $110 million in client assets is both inspiring and practical. He discusses his unique approach to investing, focusing on income production, diversification, and profit-taking. This episode is packed with valuable advice, including the benefits of closed-end funds—a lesser-known investment vehicle that offers stable, high-income returns.

Listeners will learn:

• The importance of quality assessment in stock selection
• How to diversify investments to minimize risk
• Why focusing on income-producing stocks and funds can lead to greater financial stability
• The benefits of taking profits strategically in volatile markets

Steve also explains how closed-end funds can be a superior option for generating income, sharing insights into their structure and advantages over traditional investment options. His approach makes market volatility an ally, allowing for consistent income growth regardless of market conditions.

For those eager to dive deeper, Steve’s book, Retirement Money Secrets, is a must-read. It lays out the six essential principles for navigating investment portfolios through retirement safely. Grab your copy here: https://amzn.to/44L8VeC.

Don’t miss the chance to connect with Steve and explore his wealth of knowledge further. Visit his website at https://theincomecoach.net for more resources, including valuable freebies. Connect with Steve on social media:

• Facebook: https://www.facebook.com/steve.selengut
• LinkedIn: https://www.linkedin.com/in/privateinvestmentmanagement/

This episode is an eye-opener for anyone planning their financial future beyond their business. Discover how to secure a steady income stream and achieve financial independence. Tune in, learn, and take the first step toward a more secure and prosperous future.

Remember to like, comment, and subscribe for more insightful episodes. Visit https://whadif.com/ for more from Brandon Gano and the Harmonious at Lunch podcast. See you in the next episode!

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