In this episode of Bricks and Banks, we dive deep into wealth building and investing strategies with top financial expert Steve Selengut. Discover how to build an income that never stops, particularly for retirement and wealth independence. Steve, a renowned private income independence coach and author of *Retirement Money Secrets*, shares insights on how he has crafted successful portfolios that generate 12% annual income even in volatile markets.
Key Highlights Include:
- Constructing a $110M income-focused portfolio from the ground up
- Transitioning from active wealth management to coaching and mentorship
- Utilizing closed-end funds (CEFs) for sustainable income, even during market downturns
- Innovative strategies that challenge the outdated 4% withdrawal rule
- Techniques for cultivating financial independence for both retirees and young investors
Whether you’re aiming to build your first portfolio or strategizing for retirement, this episode is loaded with actionable advice on smart cash flow investing, avoiding common retirement pitfalls, and understanding the significance of income generation in your investment strategy. Tune in and take your first step towards financial independence!
Grab Steve’s book: Retirement Money Secrets on Amazon - http://bit.ly/4kU2vQK
📥 Join Steve’s CEF Income Investing Community: http://bit.ly/4kU2vQK
🌐Check out Steve’s website: https://theincomecoach.net/Connect on LinkedIn: https://www.linkedin.com/in/privateinvestmentmanagement