“Markets are going to go up, and markets are going to go down. You have to expect that to happen – and you have to take advantage of it.” That’s Steve Selengut’s take on volatility. Taking advantage of market cycles is also the cornerstone of his Market Cycle Investment Management methodology, aka MCIM. “You have to make volatility your best friend.”

Before launching MCIM in 1979, for nine years Selengut had already done well in the securities market through his own efforts. In 1970, when he was 25, his parents put him in charge of his own investment portfolio, a high five figure investment nest egg that they had started for him when he was a child.

“My job was to grow it, to understand it – and not to lose it. I took a lot of courses. I tracked them like people track their stocks today, and I discovered that they all went in different directions at different times for different reasons.”

Selengut became so proficient at investing and managing his own money that he soon came up with his own proprietary investment strategy. He discovered that he could invest by constantly trading within the highest quality NYSE securities. He would buy lower and sell higher over and over, and then buy municipal bonds with part of the proceeds, while trying to minimize financial risks.

“These were all very high quality dividend-paying securities, that you would buy lower, sell them at a reasonable profit and some time later, you would be able to buy them again at that low price,” Selengut recalls.

The lessons he learned from this experience led him to launch a business doing the same thing for clients. As founder and owner of Sanco Services, Inc., Selengut’s first clients were two personal friends: a dentist and a restaurant owner. After 36 years and counting, these two first clients are still with the firm – a feat of which Selengut is quite proud.

Selengut’s clients are typically very patient people or entities with at least $100,000.00 to invest. “I’m looking for someone who knows something about what I do and who has taken the time to read my book or who has read some of my articles and knows that I am strictly a quality-oriented investor.” Selengut is the author of the book “The Brainwashing of the American Investor: The Book that Wall Street Does Not Want You to Read.”

A prolific writer who sees down markets as opportunities, Selengut avoids speculation. He doesn’t invest in the NASDAQ, IPOs or ETFs. “I am looking for people who are old-fashioned in their thinking.” He also prefers a personal contact, accessible relationship with clients.

Selengut noted, “I think my greatest achievement is that I brought my clients through the three major market meltdowns of our lifetime, virtually unscathed.”

For more information visit: www.marketcycleinvestmentmanagement.com