Steve Selengut is a 40+ year professional investment manager/advisor/RIA/IAR whose current adventure is coaching both individuals and other advisors in creating income independence for themselves and their clients. I’m also promoting my 2nd book, Retirement Money Secrets. He was a private investment manager for 44 years, personally managing around 325 individual portfolios in the USA and abroad. One of very few investment book authors who have directly managed other people's money.

Highlights of the Podcast

01:01 - Steve's Early Investment Journey

02:32 - Investing Strategies and Market Insights

06:01 - Transition to Professional Investment

07:53 - Investment Philosophy and Risk Management

10:00 - Celebrating Success and Lifestyle Choices

14:47 - Creating a Sustainable Lifestyle

16:56 - Helping Others and Leaving a Legacy

19:49 - Finding Joy in Everyday Activities

22:02 - Understanding Working Capital vs. Market Value

25:12 - Approach to Investing

29:51 - Investment Strategy and Risk Management

34:39 - Handling Market Volatility

40:02 - Investment Philosophy

Market value fuels the ego, income fuels the yacht