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... If anything, IT is one of the biggest ethics-police on this message board,
Are you "entertained" yet?
naah, just gettin' warmed up.
Maybe not in TSP world, but it definitely does in the investment world.LOL, funny, but probably true! I think the "ethical" concern isn't really part of the equation since no one is handing over any money for me to invest, so I can't run away with it or buy big mansions anyway. Besides, all this is for entertainment purposes only! Are you "entertained" yet? :cheesy:
*Checks brokerage account YTD gain*Besides, all this is for entertainment purposes only! Are you "entertained" yet? :cheesy:
And here I though market timing prowess should be determined by one's track record and not one by what one "use" to do. Silly me. I assume these newsletter guys you speak of are "former" high level financial fund managers for a reason? As far as me, well I'm a "former" government employee (and military) who quit a cushy government job in order to do this market timing thing full time. Who is stupid enough to do that you ask? ME, because I developed a timing system over a 6+ year period that actually works, consistently. 6 years is probably longer than than those "newsletter" guys went to college to learn what they do/did from someone who probably wasn't able to do it themselves. Traders trade, those that can't, teach. So we have former fund managers who are obviously on the downside of their careers writing newsletters versus a guy who quit a nice job to time the markets full time and has a very good track record (proof) that charges more money. Hmmmmm, tough choice.
BTW, I post results for my subscribers all the time of "current" high level financial fund managers who I'm sure charge A LOT more than I do so that they can see how we compare to the best. I don't think any of them are planning on quitting my service any time soon............just saying. :cheesy:
What exactly is the definition of professional anyway? This is what Wikipedia says "A professional is a member of a profession or any person who earns their living from a specified activity.", Hmm, I guess that makes me a professional too.
tough audience........................
a little nasty there aren't u?
I subscribe to a few financial news letters run by former high level financial fund managers for example and they are $50-100/yr.
I know nothing about IT, I presume he/her is a full time government employee and never worked in the financial investment world.
so yes a little pricey compared to other professionals.
I'm always open to new strategies, so I looked into this a bit (thanks for sharing the info). From what I can tell there are two levels of service. One is "True Wealth" a monthly investment publication that costs $99/year. The second level is "True Wealth Systems" which is a monthly trading publication that costs $3,500/year. Both of these may be wonderful values, but I don't know. It would be interesting to see how this service would work with TSP trades.one person' s newsletter that I follow, its not 200/yr
Dr. Steve Sjuggerud is also the creator and editor of True Wealth Systems, which uses a powerful computer software program usually found at hedge funds and Wall Street banks to pinpoint the sectors most likely to return 100% or more. Using this system, he can rigorously test and maximize profits on virtually any investment idea he can think of. One major newsletter industry insider called True Wealth Systems "the most in-depth research service ever developed."
one person' s newsletter that I follow, its not 200/yr
Dr. Steve Sjuggerud is also the creator and editor of True Wealth Systems, which uses a powerful computer software program usually found at hedge funds and Wall Street banks to pinpoint the sectors most likely to return 100% or more. Using this system, he can rigorously test and maximize profits on virtually any investment idea he can think of. One major newsletter industry insider called True Wealth Systems "the most in-depth research service ever developed."
Quoted by the Wall Street Journal, Barron's, and the Washington Post, he is also the co-author of Safe Strategies for Financial Freedom, a bestselling book on investment strategies. Over his career, Dr. Sjuggerud has addressed hundreds of financial conferences in the U.S. and around the world, including at the New York Stock Exchange. Dr. Sjuggerud is a former stockbroker, has been a Vice President of a global mutual fund, has had his own hedge fund, and holds a doctorate in finance.
If I was the man I was five years ago, I'd take a FLAMETHROWER TO THIS PLACE!
Wow, you sure are taking a beating this week. What's that all about. Suddenly everybody going nuts about $20 a month. For me it's the single best $20 a month I ever spent in my entire life. I spend more on that a month on coffee and so does everyone else whether they realize it or not. Maybe you need to get yourself hooked up with one of those online degree mills and get yourself a doctorate in moneymaking or something. Possibly hang out a shingle or something off the tailgate of your truck
$20 monthly fee sounds like nothing compared to the gains. There's a reason those blogs, newsletters, and infograms are free.
You didn't say it, I paraphrased it from your last few statements and added some Al Pacino. Or maybe you're Al Pacino, we'll never know.
BTW, I post results for my subscribers all the time of "current" high level financial fund managers who I'm sure charge A LOT more than I do so that they can see how we compare to the best. I don't think any of them are planning on quitting my service any time soon............just saying. :cheesy:
In case any non-subscribers are wondering how my ETF trading outside of TSP is going, here's the year-to-date returns as of the close yesterday of various long/short ETFs that I post in my daily spreadsheets:
FAS/FAS - 108.40% (goal is to double my return every year)
TNA/TZA - 76.49% (goal is to double my return every year)
ERX/ERY - 59.35% (goal is to double my return every year)
UPRO/TLT - 32.77% (goal is to make 40-60% every year)
Using URPO and TLT is my conservative approach as one is never actually short anything.
Currently up 9.47% with TSP, but if we had more IFTs I'd be up 11.86%. Sure wish we had more options with TSP, but I want to thank the TSP "overlords" for watching out for us.................