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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They're all dividend payers.
They are all big board companies.
And I said, you know, what if every time one of them went down, you bought it and then it went up 10% and you sold it and did it again.
And I finally found where the actually the stockbroker that I put my, well, I actually had stock certificates.
If you've never seen a stock certificate.
No, no.
Your generation never seen.
We used to get stock certificates from the companies.
Do that, you know.
So anyway, I'd studied all this movement and I figured, you know.
If I buy Shell Oil today and it goes up 10%, why?
And I see the chart.
It's done that 100 times before.
And every time it's gone back down again.
And then it's gone up again.
And each time it's a higher low and a higher high.
I'm just going to put a target on every one of these things.
And when it gets there, I'm going to sell it and do it over again.
In the space of six or seven years, I was commuting to New York from North Jersey working for a life insurance company.
And within seven or eight years, I was making five times my salary trading from the dividends and the income I was receiving when I was taking profits.
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