Please read this message carefully before exploring any financial services website.
The purpose of the Sanco Services website is threefold: (1) to promote the somewhat unique (and non-mainstream Wall Street) Investment Strategies of Investment Manager Steve Selengut; (2) to promote the sale of a book entitled "The Brainwashing of the American Investor"; (3) to provide educational information to the investing public.
Every statement, discussion, illustration, and representation contained anywhere on this website is entirely the creation and opinion of Steve Selengut (unless noted otherwise). Nothing said or alluded to has been researched beyond the scope of the author's personal (and quite extensive) experience in the investment arena. It is presumed that visitors to this website will take the initiative to both investigate and question the information that is provided here. Certainly, anything said here is subject either to criticism or to objection by others in the field. That doesn't make it wrong. But it is clearly not anything like the blather that emanates from many other resources. Nothing should be construed to be absolute, or predictive of anything at all.
No specific statistics regarding performance of client accounts are presented for various reasons, not the least of which is the incredible hassle it is to substantiate such statistics in the format and time limitations required by regulatory agencies. For performance information, I provide a list of references that prospective clients may contact at their leisure.
[Actually, I'm not a big believer in conventional performance analysis anyway, based as it is on calendar time periods, Market Value comparisons with averages and indices, and non-client specific benchmarks.] References will only be provided to prospective clients who understand the investment strategies, definitions, and concepts implemented by Sanco Services.
My basic assumption is that the select group of humans that visit this website are intelligent enough to interpret what they read without being misdirected. If interested, they will know how to reach out for more information. Never be shy about asking questions of the person who will be directing your investments, and if you don't agree with any aspect of the strategy that you feel is important, hire someone else.
Sanco Services believes that it only does business in states where it has registered properly (or within which it is not yet required to register), according to applicable rules of the states in question. Sanco is not legally affiliated with any broker dealers, but we do have a thirty-year plus, non-binding, business relationship with the one stockbroker we are presently using for transactions, statement preparation, and other related brokerage services.
The purpose of, and the need for, performance statistics on this website (in the past) was mainly to debunk media representations that perpetuate financial myths of various kinds. I can state my opinion about the information, but you will have to dig up the evidence yourselves. The book above left may help.
Nowhere within this website should any statement, number, notion, or illustration be taken as a guarantee of anything at all. But please keep in mind that, in my humble opinion, there was absolutely no reason for an investor to lose money in the stock market from 2000 thru 2004. No Mutual Funds, No New Issues, No NASDAQ, No Problem!
Now wasn't that more fun than this mainstream disclaimer, which also applies?
This website is provided as a source of information only, and is not an offer or solicitation to buy or sell securities or derivatives of securities, nor is this information provided as investment, tax, or legal advice. Not all products, securities or services described are available in all countries, and nothing within the site is an offer or solicitation to buy or to sell securities or services in any jurisdiction where their offer or sale is not qualified or exempt from registration. The information provided on the site is obtained from sources deemed to be reliable but the accuracy of the information cannot be guaranteed. Sanco Services does not guarantee the accuracy or completeness of the information, or make warranties, express or implied, with regard to the results to be obtained from the use either of the information on this website or on any other website that either links to or from this website. Amen!
With these caveats and explanations in mind, go, learn, think, have fun, and prosper.
