Franchise Maven
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Steve Selengut The Income Coach
Greg Mohr talks with Steve Selengut about his journey from employment to entrepreneurship, managing client portfolios, and writing "Retirement Money Secrets." They discuss ideal clients, common investment mistakes, and the importance of diversification and income generation in investing.
Key Points
- Steve Selengut transitioned from a lengthy New York City commute to building a successful investment advisory business by capitalizing on market cycles and income-producing securities.
- He emphasizes the importance of focusing on income generation rather than market value, advocating for investments in dividend-paying stocks and closed-end funds that distribute 95% of their earnings.
- Steve advises investors to diversify their portfolios, understand market cycles, and prioritize taking profits to minimize risks and ensure sustainable income growth.
Chapters
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| 0:34 | |
| 1:10 | |
| 2:29 | |
| 3:50 | |
| 5:20 | |
| 6:03 | |
| 7:24 | |
| 9:14 | |
| 12:32 |
Transcript
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