Financial Freedom Podcast with Dr. Christopher H. Loo, MD-PhD

🎯 Income Investing Strategies with Steve Selengut

Apr 15, 2025

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Looking for proven income investing strategies to build consistent cash flow and grow your wealth? In this episode, we sit down with Steve Selengut—seasoned investor, author of Retirement Money Secrets, and creator of the RMS Income Investing Community—to explore the most powerful ways to generate passive income through smart, strategic investing.

Whether you're nearing retirement or simply want more control over your financial future, this episode answers your questions about building a reliable income stream from the markets. Steve breaks down his unique two-stream approach: income from closed-end fund investing and strategic profit-taking, offering real-world examples and tactics you can use today.

He also shares how monthly dividend income, high-yield ETF strategies, and tax-free income investments can outperform traditional approaches in today’s volatile market. If you're researching dividend investing, covered calls, or building a diversified income portfolio, this conversation gives you insider wisdom from someone who has managed over $100M for 150+ families.

Learn how to align your goals with Steve’s income-focused financial planning framework—designed to help you stay ahead of inflation, minimize portfolio stress, and produce passive income from investments with less risk and more peace of mind.

To check out Steve's book, "Retirement Money Secrets", visit: https://amzn.to/42UFVAT

0:00 – Intro & Steve Selengut returns

1:12 – Steve’s background in income investing

3:00 – The 2 income streams: distributions + profit-taking5:45 – What are closed-end funds and why they matter

8:30 – How Steve’s community supports passive income seekers

11:02 – The third income stream: strategic tax-lot selling

13:40 – The power of monthly dividend income

16:15 – Comparing Steve’s approach to Buffett & Munger

18:00 – Is 6% ROI still enough in today’s economy?

20:20 – What happens in rising/falling interest rate cycles

23:10 – How to join Steve’s Income Investing Community

25:30 – Final thoughts and where to find his book: Retirement Money Secrets

Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show.

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