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After a year of suffering with this junk, all I have to show for it is some confusing tax forms and a 14% loss. This was supposed to be a safe, dollar neutral currency fund with a magic formula for returns. Instead it proved to be a guaranteed loser.
It serves me right for trusting in back tested formulas for returns. Back tested programs work great on the past but often fail in the future. The market is always changing and adapting. For anyone still holding this dog, I wish you well. In fact, my sale probably marks the bottom, so I am not encouraging anyone else to sell. Sentiment : Hold Rating :
 (4 Ratings) |
41/Male |
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| Subject | Author | Rating | Time of Post (ET) | ||
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Sold this junk
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originalfre... |
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9-Sep-08 08:44 am | ||
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You should be feeling brilliant now, by contrast. ...
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ppittman2 | (2 Ratings) | 28-Oct-08 12:51 am | ||
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ppittman2, thank you for the response. I was...
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originalfre... | Rate it | 28-Oct-08 09:10 am | ||
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I AM holding because it seems to me they...
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ppittman2 | (2 Ratings) | 31-Oct-08 01:34 pm | ||
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All this fund does is borrow in low...
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tommyleesd2... | (1 Rating) | 18-Jan-09 09:46 pm | ||
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It is due to the current global markets and everyo...
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toddhawley | (1 Rating) | 17-Jan-09 07:01 am |
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