Tune in to learn about putting your money to work to create long term wealth. In this episode, Karen Rands discusses the principles of compounding wealth that are not widely known, but been available for generations with guest Steve Selengut. They explore the importance of creating wealth through angel investing and the unique opportunities presented by closed-end funds (CEFs). Steve shares insights on how CEFs can provide reliable income, the principles of income-focused investing, and the potential for angel investors to create their own closed-end funds. The conversation emphasizes the cyclical nature of markets and the importance of focusing on income rather than market value. They explore how earned income can be put to work to create more wealth as Compassionate Capitalists.

Takeaways

1. Angel investing is a core focus of compassionate capitalism.
2. Closed-end funds (CEFs) are a unique investment vehicle.
3. CEFs provide reliable income and are easily tradable.
4. Investors should focus on income production rather than market value.
5. Quality and diversification are key principles of investing.
6. Market cycles affect investment strategies and income generation.
7. Investors can create their own closed-end funds for collective investment.
8. Understanding the structure of CEFs can lead to better investment decisions.
9. Income-focused investing can provide financial independence.
10. Community-based investment funds can help local economies grow.

Chapters

00:00 Introduction to Income Generation Strategies

05:25 Understanding Closed-End Funds (CEFs)

13:23 Comparing CEFs with Other Investment Vehicles

21:36 Principles of Income-Focused Retirement Funds

27:27 Creating Community-Based Investment Funds

37:11 Introduction to Compassionate Capitalism

38:20 The Role of Kuganrand Capital in Investment Success

Steve Selengut is a retired investment advisor with 40+ years of experience managing over 300 different portfolios at a time, both domestic and abroad valued at $110M when he sold his firm. Now he coaches other so they can do this for themselves and is the #1 bestselling author of Retirement Money Secrets. Retirement Money Secrets is a book written to give you the SECRETS — I love revealing Secrets —the tools to

1. build enough money to retire – comfortably

2 stop agonizing over market volatility

3 Combat inflation..

For more information about Steve Selengut, please visit:

http://www.TheIncomeCoach.net

http://www.RetirementMoneySecrets.com

Karen Rands, the leader of the Compassionate Capitalist Movement™ and author of the Best Seller, Inside Secrets to Angel Investing, is an authority on creating financial success through successfully informing the next generation of entrepreneurs and investors together in the name of Compassionate Capitalism!

Learn More: http://KarenRands.co

Check out the book and get 12 of the 46 Inside Secrets Freehttp://InsideSecretsToAngelInvesting.com

Compassionate Capitalism, Angel Investing, Wealth Creation, Closed-End Funds, Income Independence, Retirement Money Secrets, Financial Strategies, Investment Principles, Passive Income, Market Cycles