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March 19, 2025 41 mins

Steve Selengut joins Stewart Heath on this episode of Growth, Grace & Prosperity to share his journey from corporate finance to building a successful investment business. Steve talks about his game-changing moment in the 1970s when he took control of a diverse stock portfolio and realized the power of income investing. He shares how he built a thriving investment advisory firm, managed over $110 million, and transitioned into coaching others on financial independence through steady income portfolios.

In this insightful conversation, Steve and Stewart discuss:

  • The importance of income-focused investing over chasing stock prices
  • How Steve built a business on the principle of selling high and reinvesting in undervalued assets
  • The role of closed-end funds in long-term portfolio management
  • Why financial advisors often overlook income-generating investments
  • Steve’s book Retirement Money Secrets and how it helps investors build financial security

Steve now dedicates his time to coaching individuals on creating sustainable income portfolios. He shares his investment philosophy and offers valuable insights for anyone looking to grow wealth with stability.

 

------------------------------------------------------------- Are you a business owner, executive, entrepreneur, or professional in the Tennessee Valley area? Do you have a story of success and growth to share? We want to hear from you! Apply at GrowthGraceProsperity.com/GUEST

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