#76 Stephen Selengut | Income Strategies, Risk Minimization, and Diversification in Investments
Stephen Selengut shares his insights on investment success, starting with a discussion on equity vs debt investments and key financial indicators. They compare real estate to stock market investments and analyze the liquidity of fixed income securities. Stephen delves into investment risks and strategies for risk minimization, the government's impact on investment strategies, and navigating market and interest rate cycles. The episode explores integrating closed-end funds into portfolios, margin use in stock trading, distinctions between common and preferred stocks, and the benefits of managing closed-end funds. The role of REITs, diversification as an offensive strategy, and specializing within a diversified portfolio
Key Points
- Investors should focus on the quality of their investments, ensuring they are high-grade and have a solid track record to minimize financial risk.
- Diversification across various sectors, countries, and types of investments is crucial to mitigate risk and capitalize on different market conditions.
- Generating a steady income from investments, such as through dividends, interest, and distributions, is essential for long-term financial stability and growth.
About Steve Selengut
I have accumulated over 40 years of experience as a private investment manager, with a strong focus on increasing the spendable income generated by client portfolios. Today, my role has transitioned into that of an Income Coach, where I'm dedicated to teaching investors how to more than double the income produced by their portfolios.
I'm the creator and instructor for the unique "Working Capital Model" portfolio operating system and the "Market Cycle Investment Management" methodology, both of which I developed back in the 1970s. Additionally, I've introduced several proprietary concepts, including the QDI + PT, Smart Cash, The Investor's Creed, and Base Income. I've also developed the Investment Grade Value Stock (IGVSI) identification system.
Throughout my career, I've authored three books and written numerous investment articles, with my latest work being "Retirement Money Secrets: A Financial Insider's Guide to Income Independence."
My specialties lie in hands-on portfolio management using the MCIM methodology, portfolio restructuring, and transitioning ordinary portfolios to Income Focused retirement portfolios I provide all the investment education an investor needs to achieve their income goals.
Using Market Cycle Investment Management (MCIM) in portfolio preparation and design, we've been able to take advantage of all major financial market movements, in either direction, for decades. Users of the processes described in Retirement Money Secrets can get themselves into a position to say: "Neither market corrections, global pandemics, or rising interest rates will have a negative impact on my spendable retirement income. In fact, all forms of market crisis and volatility will help me grow my income even better."
You can reach out to me at [email protected], or at [email protected]
I am currently the owner/operator of The Retirement Income Coach, LLC, and located at my home near the Kiawah Island Golf Resort. Website: theincomecoach.netI have
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Transcript
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