Steve Selengut
speaker
246 appearances
1 recordings
1 series
first heard Jan 2025
last heard Jan 2025
Steve Selengut’s voice in public audio — every appearance, attributed to the second.
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Appearances
What sparks my passion?
I really have grown up in an investment-orientated
community.
When I was young, my dad had a business.
He was a real estate developer, builder, and other things.
And he had a very big emphasis on having multiple streams of income.
So if
If it wasn't a good time for building houses, no demand, at least he had the rents from the ones previous.
And he had interest coming in and mortgage payments from the people he had sold things to.
And he had other businesses like insurance and a lumberyard even for builders and stuff.
So he had a vertically integrated operation.
I learned what it was after I went to college and took a couple courses.
But his emphasis was always on income, even when I was a kid when I was working part-time jobs or jobs in between semesters in college and so on.
He always took a piece of it and said he was putting it away and investing it for me.
Then all of a sudden at age 25, I got it all back.
So I've always been an investor.
I've always been income focused.
And I've always really gotten a kick out of the trading mentality where when I first got
The portfolio, I looked at all the charts and saw how a company like IBM or Exxon, Esso at the time, would go up and down and up and down and up and down.
And I came up with the idea.
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