Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Steve Selengut.

Also known as The Income Coach. Here's a detailed summary of the episode:

🎙️ Guest: Steve Selengut

• Veteran private investment manager with over 40 years of experience.
• Author of Retirement Money Secrets, his second book.
• Focuses on helping people achieve income independence through smart investing.
• Runs an educational income investing community.

📘 About the Book: Retirement Money Secrets

• Written as a conversational story about a couple on a river cruise who learn about a different approach to retirement investing.
• Emphasizes common sense financial strategies over complex jargon.
• Focuses on closed-end funds as a key investment tool.

💡 Key Concepts Discussed 🔒 Closed-End Funds (CEFs)

• One of the oldest investment vehicles, dating back to the 1800s.
• Structured as pass-through trusts that must return 95% of earnings to shareholders.
• Focused on income generation rather than capital appreciation.
• Can invest in stocks, bonds, mutual funds, and ETFs.

🔥 FIRE Movement

• Stands for Financial Independence, Retire Early.
• Steve aligns more with generating sustainable income than early retirement per se.

🎯 Income Independence

• The goal is to generate enough income from investments to replace employment income.
• Allows flexibility to retire, start a business, or pursue other passions.

🛡️ The Four Risk Minimizers

1. Quality: Invest only in what you understand and in companies with a proven track record.
2. Diversification: Spread investments across sectors, geographies, and management firms.
3. Income: Only invest in securities that pay dividends or interest.
4. Profit-Taking Discipline: Set target profits (e.g., 5%) and sell when reached, reinvesting gains.

💬 Common Sense Investing Tips

• Buy stocks in companies you use or understand (e.g., Home Depot, Apple, Chipotle).
• Use tools like Yahoo Finance or CEFConnect.com to research dividend history and fund performance.
• Avoid speculative or zero-income investments.
• Treat your portfolio like a retail store—sell when profitable and restock wisely.

🌐 Connect with Steve Selengut

• Available on Facebook and LinkedIn.
• Offers access to an educational investing community with 450+ members.
• Book includes full contact details and resources.

#SHMS #STRAW #BEST

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Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald, interviewed Attorney Ken Harris:

• Former NBA and NFL agent, attorney based in Charlotte, NC, and author of the novel Dark Trades.
• The novel explores an alternate history: What if the South had won the Civil War?

📚 Dark Trades – A Historical Fiction Novel

• Set in 2018 Baltimore, the book imagines a modern-day America where slavery still exists.
• Explores the resilience of the African-American community and the possibility of overcoming systemic oppression even in such a dystopian reality.
• Inspired by Harris’s advocacy work and mentorship under Magic Johnson.

💼 Financial Literacy & Athletes

• Harris discusses the financial pitfalls many professional athletes face.
• Emphasizes the need for:
  • Financial education
  • Qualified advisors (attorneys, accountants, conservative investment advisors)
  • Early planning, especially with the rise of NIL (Name, Image, Likeness) deals for younger athletes.

• Praises their business acumen, humility, and attention to detail.
• Reveals Magic Johnson’s photographic memory and deep involvement in business operations (e.g., popcorn sales at his theaters, menu items at Starbucks).

🎧 Closing Thoughts

• The episode is a blend of historical reflection, financial advice, and personal stories from influential Black leaders.
• Rashawn McDonald encourages listeners to lead with their gifts and learn from the experiences shared.

#SHMS #STRAW #BEST

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Two-time Emmy and three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviewed Kathleen Bertrand.

Kathleen Bertrand began talking in 2009 about a new film festival to attract people of color to Atlanta’s growing film industry. From a discussion with her then CEO William Pate at the Atlanta Convention & Visitors Bureau, to talks with film enthusiasts and potential film partners, Bertrand began to assemble the team and resources needed to launch what was to become BronzeLens Film Festival, a non-profit organization. While everybody knew about Tyler Perry’s Atlanta-based empire, Bertrand and her colleagues created a platform for broader engagement in the industry for people of color and did so in a way that showcased Atlanta and its history and culture.

Under Bertrand’s visionary leadership as executive producer, BronzeLens has grown to receive attention and accolades from across the country and around the world. It is a charter member of ARRAY (formerly AFFRM), the film distribution network founded by producer/director Ava DuVernay in 2011. BronzeLens has been mentioned in articles about film diversity in publications such as the New York Times, the LA Times, Atlanta Magazine, Oz Magazine, and Ebony Magazine. In late 2016, the festival was named as an Academy Award Qualifying Film Festival for the Short Film Award. This tremendous honor is one of only 3 such designations in the country for film festivals that support the work of people of color. In its most recent film season, the festival received film submissions from 59 countries around the world. BronzeLens has received two “Best of Atlanta” Awards from Atlanta Magazine: “Best Showcase for New Filmmakers,” and “Best Place to Break into the Film Industry.”

Kathleen has received numerous awards for her work with BronzeLens. In 2016, she was given the Georgia Highlight Award, as part of the annual Georgia Film Gala. In 2018, she received the honorary Doctor of Humane Letters degree from her alma mater Spelman College, which honored her careers in both hospitality and the film industry. Additionally, in 2018, she was inducted into the Atlanta Hospitality Hall of Fame, which also honored her dual careers in film and in hospitality. In 2019, Mayor Keisha Lance Bottoms presented Bertrand with the City of Atlanta’s highest honor – The Phoenix Award. Recent honors include the 2023 Image Award presented by Atlanta Film Society, the Synergy Award from African American Film Critics Association and being recognized by Georgia Entertainment Magazine as one of “200 Most Influential of Georgia’s Creative Industries.”

Company Description *
BronzeLens Film Festival of Atlanta, Georgia is a non-profit organization, founded in 2009, that is dedicated to bringing national and worldwide attention to Atlanta as a center for film and film production for people of color. The mission of the BronzeLens Film Festival of Atlanta, Georgia is two fold: to promote Atlanta as the new film mecca for people of color; and to showcase films and provide networking opportunities that will develop the next generation of filmmakers.

#AMI

#BEST

#SHMS

#STRAW

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The Steve Harvey Morning Show for Tuesday, July 15th, 2025: Steve Harvey's Morning Inspiration | Show Open - Biggest Weakness | Nephew Tommy's Run That Prank Back - "Love Etc." | Ask The CLO | Entertainment News | The UNO Luxury Suite At The Palms In Vegas | Steve Harvey's Voicemail | Nephew Tommy's Prank - "The Doctors Visit" | Strawberry Letter - "Should I Tell Her That We're Sharing Him?" | Junior's Sports Talk | Social Media Advice | Medical Debt | Would You Rather | Steve Harvey's Closing Remarks

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