Steve Selengut

MBA

Official Guide

Investment Management, Asset Allocation, Trading, & Income Generation Expert

Steve Selengut

Steve Selengut Quick Facts

Main Areas
Investing, Investment Management, Income production, Asset Allocation
Best Sellers
"The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read",
Career Focus
Former Investment Manager, Speaker, Educator
Affiliation
Sanco Services, Inc; Kiawah Golf Investment Seminars

Steve Selengut http://www.marketcycleinvestmentmanagement.com http://www.kiawahgolfinvestmentseminars.net

Professional Portfolio Management from 1979 to 2010

Author of: "The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read", and "A Millionaire's Secret Investment Strategy"

Proprietary Investment Developments: The Working Capital Model, Smart Cash, The Investor's Creed, The IGVSI (Investment Grade Value Stock Index)

Former professional investment portfolio manager. BA Business, Gettysburg College, MBA, Professional Management, Pace University, Paul Harris Fellow, Phi Gamma Delta, AAII member & speaker, Steve Selengut was a private investment manager from 1979 thru October, 2010, as the CEO of Sanco Services Inc. He now operates as a sub-advisor to an RIA firm.

His life experience as an investor started in 1970, at age 25, when he was given the responsibility to manage a $60,000 portfolio. He developed an Asset Allocation Model then (decades before the concept became popular) that he still uses today, and a trading approach to investing that allowed him to start his own business at age 34.

During his twelve-year career in the Financial Services industry, prior to 1979, Steve developed an appreciation of the complete Wall Street (political, social, and economic) environment. Using this understanding of the “playing field” (and a portfolio that provided all the income his family needed), he took his new investment ideas and concepts on the road.

Building an Investment Management business with no corporate sponsorship, no products to sell, and just two management clients was a daunting task. Fee-only personal investment management without mutual fund commissions or product sales was a revolutionary approach in 1979.

Steve developed a loyal following of dedicated clients, many of whom were with him throughout his career--- the two who helped start the business in 1979 remain as sub-advisor clients today. Many non-clients use his unique portfolio management methodology and a select few have been taking advantage of his mentoring services.

He has published hundreds of investment (and tax reform) articles, and three investment books. He invented the Working Capital Model, developed the IGVSI, and has introduced many new investment concepts, including: Market Cycle Investment Management, The Investor's Creed, Smart Cash, the QDI, Base Income, Securities Buckets, and others.

Steve Selengut Audio & Video Programs

Steve Selengut Books

Articles by this expert

SelfGrowth articles and saved writing connected to this expert.

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You knew it the moment it left the club, that spark at contact when you catch it just right. You look up. It's just reaching the top of its climb--- and heading down right at the pin, a pin positioned left of center on the elevated green, much too close to the water. This could be the one! Four mouths hang open, not a sound. Then whack, the ball strikes low on the stick and disappears; the pin wobbles; the ball is nowhere to be seen---r

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The Bargain Stock Monitor is one of three market statistics used as performance expectation analyzers for Market Cycle Investment Management "Model Portfolios". It is derived from the Month End Value Stock Watchlist screening program which identifies Investment Grade Value Stocks trading at least 15% below their 52-week high, and that also meet the price selection criteria outlined in The Brainwashing of the American Investor: The Book that Wall Street does not want YOU to read.

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Contrary to popular belief and Wall Street propaganda, investing is not a competitive event. Rather, it is a uniquely personal, goal-directed activity that individuals must organize and control for themselves. Too few appreciate that it is a long-term enterprise and only a handful, at best, have ...

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More than fifty years ago, LaVe Baker & The Gliders, brought Jim Dandy into the fray to lasso runaway horses, dry the tears in little girls' eyes, and to save special mermaids from the hooks of villainous fishermen.nn(Black Oak Arkansas' rendition on You Tube will help you understand what your ...

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Your retirement income investment plan starts now, right now, no matter how old or well heeled you happen to be. Step One is to understand what a retirement plan is, and to identify the three large numbers you need to keep track of while you are developing your stash. With these three totals on ...

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"The time has come the walrus said, to talk of many things": Of corrections--portfolios--- and window dressing--- of market cycles--- wizards--- and reality. Quarterly portfolio window dressing is one of many immortal Jaberwock-like creatures that roam the granite canyons of the Manhattan ...

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Growing up at Lake Hopatcong in Northwest Jersey, the most popular entertainment around was the rickety old Roller Coaster at Bertrand Island Park. The excitement would build as you ascended the first peak, anticipating the breathtaking plunge; eyes wide open (or shut), screaming from the thrill ...

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The Working Capital Model (WCM) looks at investment performance differently, less emotionally, and without a whole lot of conce for short-term market value movements. Market value performance evaluation techniques are only used to analyze peak-to-peak market cycle movements over significant ...

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It's likely that either curiosity or skepticism led you to this article, and I would agree that, for most individual investors, trading is approached in a totally speculative manner. Stock trading, in its more popular forms (Day Trading, Swing Trading, Penny Stock Speculating, etc.) includes ...

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For homeowners: Cut the interest rate on all mortgage loans by 50 basis points and extend the payment schedule by three to five years. Convert all variable rate loans to fixed, at prevailing rates, and extend the payment schedule by six to ten years. No fees, points or charges tolerated. More ...

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Gets your attention, doesn't it? The unfortunate thing though, is that most people will react negatively to this intentionally inflammatory, media-ready, title statement. Has some Wall Street virus attacked our financial experience memory chip? Bouncing around unpredictably is precisely what the ...

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There's a bright light at the end of the tunnel--- finally. Most of the really well respected, long term investors are advising their audiences to hang in there, to stop the panic selling, and to look for the great companies that have withstood the economic downtu s of the past. Buffet, Bogle, ...

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Websites & resources

SelfGrowth-published websites, downloads, and contributor profile websites connected to this expert.

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Favorite Quotes & Thoughts from Steve Selengut

A profit is a terrible thing to waste.

A correction is the flip side of a rally --- you should be able to dance to both tunes.

There's no such thing as a bad profit --- or a "smart" loss.

Increasing your "base income" is the only sure way to beat inflation.

Key market events and/or turning points are only visible in rear view mirrors.

Most unrealized gains wind up in the realized loss portion of the tax return.

Contacting Steve Selengut

Sanco Services, Inc.
3912 Betsy Kerrison Pkwy
Johns Island, SC 29455

(843) 243-0494
Toll Free Phone (800) 245-0494 • Fax (843) 243-8509

Email: sanserve @ aol.com; steves@sancoservices.com

How to get started

The first thing about getting started with an investment manager is developing a keen understanding of his methodology --- he or she should be able to explain Quality, Diversification and Income Generation rules used for both selection and retention of securities. No manager is actually managing unless they are selecting securities --- different from selecting products managed by others. Sanco Services consults on a hands on decision-making strategy with equities and a selection of Closed End Fund vehicles for income investing.

A manger should also have a clear set of rules as to buying price and sell targeting. You can obtain all of the insight you need as to my methodology from my published articles and "The Brainwashing of the American Investor".

The first thing the manager should need to know is your objectives. You should have a pretty good handle on that before you pick up the telephone. A manager won't lead with a product, he''ll describe a philosophy about markets, cycles, and expectations. There are no guarantees in the securities markets; alte ative investments aren't -- they are speculations; and growing income annually, regardless of your age, must be part of your investment plan.

Kiawah Golf Investment Seminars provides regular small-group free webinars and a variety of paid private, group, and mentoring programs.

Other highlights

Private Portfolio Investment Management --- I managed indivdual and company investment programs from 1979 thru October 2010 (when I became a victim of the financial services reform act expense estimates) --- I am now a sub-advisor working with and through a Registered Investment Advisor

MCIM Model Portfolio "Mirror" Account Management --- As a sub-advisor, I consult on the trading in six model investment portfolios that are available to all investors through their own personal investment advisors (they can contact me directly for a list of authorized vendors.)