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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And the equity ones, the stock ones in the stock market are paying 9%.
So that's the difference.
They're not going to grow in price so much.
They'll go up or down depending on the expected direction of interest rates and a little bit of the stock market.
So that's what I'd say to them.
If you are not making at least 4% in your pocket or potentially in your pocket dividends, you need to look at
what you're doing and tell your guy, your lady, to start making more income for you.
You can buy him a copy of my book.
After all, he gets all done poo-pooing this and talking about leverage and
Return of capital and all these other things just point out in the long run, I'm getting 9% or 10% on my money and it's going to cover your four.
And I want you to think about doing it that way.
So that's the first thing I think anybody in your age group should be doing.
How much am I making now?
Why am I not making more income?
This book talks about basically six principles of investing.
I mentioned them a little bit, you know, quality, how to determine what the quality is and making yourself a set of selection rules that you're not going to violate.
Even if somebody gives you, hey, this one's really a good one.
You know, that's not good enough.
Quality requirements.
Everything you own has to pay some kind of income, be higher.
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