The Income Independence Coach

Money Seed – Gabe Sztvorecz, Host
Steve Selengut, the Income Independence Coach, shares his approach to retirement finances and investing. He emphasizes the importance of income independence, which means generating income from investments regardless of market conditions.

Steve learned about the value of income from his father, who was a real estate developer. He started building an income portfolio by reinvesting profits from stocks into cash-flowing assets like municipal bonds. Steve explains the benefits of closed-end funds, which provide consistent income and flexibility in trading. He also discusses the principles of income-focused retirement investing, including diversification, profit-taking, and understanding market cycles.