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Please read this message carefully
before exploring any financial services website.
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| The purpose of this 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.
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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.
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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.
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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.
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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!
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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!
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With these caveats and explanations in mind, go, learn, think, have fun,
and prosper.
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