🎯 Income Investing Strategies with Steve Selengut

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 $100M for 150+ families.Learn how to align your goals with Steve’s income-focused financial planning framework—designed to help you stay ahead of inflation, minimize portfolio stress, and produce passive income from investments with less risk and more peace of mind.To check out Steve's book, "Retirement Money Secrets", visit: https://amzn.to/42UFVAT0:00 – Intro & Steve Selengut returns1:12 – Steve’s background in income investing3:00 – The 2 income streams: distributions + profit-taking5:45 – What are closed-end funds and why they matter8:30 – How Steve’s community supports passive income seekers11:02 – The third income stream: strategic tax-lot selling13:40 – The power of monthly dividend income16:15 – Comparing Steve’s approach to Buffett & Munger18:00 – Is 6% ROI still enough in today’s economy?20:20 – What happens in rising/falling interest rate cycles23:10 – How to join Steve’s Income Investing Community25:30 – Final thoughts and where to find his book: Retirement Money SecretsDisclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show.  Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphdWe couldn’t do it without the support of our listeners. To help support the show:CashApp- https://cash.app/$drchrisloomdphdVenmo- https://account.venmo.com/u/Chris-Loo-4Spotify- https://podcasters.spotify.com/pod/show/christopher-loo/supportBuy Me a Coffee- https://www.buymeacoffee.com/chrisJxClick here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-onlineClick here to check out our bookstore, e-courses, and workshops: https://www.drchrisloomdphd.com/shopClick here to purchase my books on Amazon: https://amzn.to/2PaQn4pFor audiobooks, visit: https://www.audible.com/author/Christopher-H-Loo-MD-PhD/B07WFKBG1FFollow our YouTube channel: https://www.youtube.com/chL1357Follow us on Twitter: https://www.twitter.com/drchrisloomdphdFollow us on Instagram: https://www.instagram.com/thereal_drchrislooFollow us on Threads: https://www.threads.net/@thereal_drchrislooFollow us on TikTok: https://www.tiktok.com/@drchrisloomddphdFollow our Blog: https://www.drchrisloomdphd.com/blogFollow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphdSubscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233Subscribe to our email list: https://financial-freedom-podcast-with-dr-loo.kit.com/Thank you to all of our sponsors and advertisers that help support the show!Financial Freedom for Physicians, Copyright 2025