Beat The S&P 500 EASY!

[Peter Hansen]

Many mutual funds have tried to beat the S&P 500 but have FAILED. Apparently Mr Al Thomas ( A Mensa Member ) has managed to beat the S&P Easily and Safely. Using ONLY 2 securities , trading only 3 times trading in 6 yrs , he has racked up 187%. You can read about the whole story at the following website. Needless to say very interesting . My question is .....would the results be different if Pro Funds ULTRA ETF's were used . They bet the S&P Twice to go up ( SSO ) and TWICE to go down ( SDS ) . Basically they are S&P indexes on steroids. Since they are new .....only time will tell. Here is the site .READ IT .......you will learn something! ** NOTE
BE SURE TO CLICK ON 2 FOR THE MONEY ON LEFT WHEN YOU GET ON THE SITE !**

http://www.mutualfundmagic.com/index-about.html

[Karel]

Ahem. 187% from Sept 20, 2000 through now is something like 15.9% annualized. That is very nice, of course, but considering that this is probably 20/20 hindsight, the only remarkable thing is the modest gain for this kind of exercise.

Regards,

Karel

[IIC]

Many mutual funds have tried to beat the S&P 500 but have FAILED. Apparently Mr Al Thomas ( A Mensa Member ) has managed to beat the S&P Easily and Safely. Using ONLY 2 securities , trading only 3 times trading in 6 yrs , he has racked up 187%. You can read about the whole story at the following website. Needless to say very interesting . My question is .....would the results be different if Pro Funds ULTRA ETF's were used . They bet the S&P Twice to go up ( SSO ) and TWICE to go down ( SDS ) . Basically they are S&P indexes on steroids. Since they are new .....only time will tell. Here is the site .READ IT .......you will learn something! ** NOTE
BE SURE TO CLICK ON 2 FOR THE MONEY ON LEFT WHEN YOU GET ON THE SITE !**

http://www.mutualfundmagic.com/index-about.html

Super Duper Pete...I think you have convinced me to start charging for my site...LOL...although I think Karel got it wrong...187% in 6 years equates to 19.2% on my financial calculator.

What do you mean???... "would the results be different if Pro Funds ULTRA ETF's were used"...What results???


Speaking of the Ultras...2x movement is a myth...I believe there is a place for trading them but anyone who expects to get 2x is living in LaLa Land.

They have been around for almost 1 1/2 years. Lets look at a few stats:

SP 500 in the past 12 months is +10%...SSO is +11% and SDS is -17%

NDX is +29% in the past 12 months...QLD is +46% and QID is -39%.

Now, I'm not sure if distributions are included in the above %'s...I know I got over $5 late last year on QLD and about $.50 on QID distributions this year...Never owned the SP's but if anyone wants to calc it they can find the info somewhere at Proshares site.

[billyjoe]

Karel,
Speaking of hindsight, if instead of putting the downpayment on my house in 1982 I had put it in BRKA that very day, I'd have an extra
$3,662,300 today. My house isn't worth quite that much. Only IIC has a crib like that.

---------------billyjoe

[Karel]

Super Duper Pete...I think you have convinced me to start charging for my site...LOL...although I think Karel got it wrong...187% in 6 years equates to 19.2% on my financial calculator. [...]

That is correct. I calculated from Sep 9th 2000 through now, but 'now' appears to be April 20, 2006. So the annualized return is 20.8%.

Regards,

Karel

[IIC]

That is correct. I calculated from Sep 9th 2000 through now, but 'now' appears to be April 20, 2006. So the annualized return is 20.8%.

Regards,

Karel

Geez...looks like Peter's infomercial is older than I thot...lol.

If Peter didn't put this thing up as a joke I'm going to stop reading his thread

[billyjoe]

Notice , Doug doesn't deny the value of his abode !

---------billyjoe

[Peter Hansen]

Guys & Girls Thanx

Many brains make the picture alot clearer . Personally If you really want it easy ......just BUY CGMFX , CGMRX ( Never had a losing year since 2000 ) and for foreign exposure .....throw in DODFX ALL NO Load , Low fees 5 STAR FUNDS. CGMFX has the ability to be both Long and Short in the best "Focus" stocks during any period. Put these in your IRA and do NOTHING ..you will be AMAZED by the growth over time . Or put some loose change into LUK .....what a super stock .......every dollar placed into this stock in 1978 is now worth $900 dollars today ..oh my Achin' back . Basically LUK buys beaten down companies with good potential.....the 2 men which run it are masters of their craft......Just look at Morningstar info and you will see what I mean.

http://quicktake.morningstar.com/StockNet/StockReturns.aspx?Country=&Symbol=LUK