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Individual Investor Magazine's Magic 25?


Based on past performance, would someone who has consistently invested using the investing magazine's "Magic 25," would they have consistently beat the S&P 500 Index?

Many thanks,
C.L.

THE ONLY way you - or anyone else is going to find out is to do one thing - AND STICK TO YOUR GUNS:

Every "guru" and "knowledgeable" trader out there has a "track record". Here's what I ALWAYS ask for:
That "guru" can cover-up the account number, BUT he/she cannot hide the truth:
1] I want to see a starting balance
2] I want to see when the trade was entered; how much of that starting balance was invested in that trade;
3] Specifically, what was bought;
4] When the trade was completely exited;
5] The profit for that trade;
6] THE end balance after all is said and done.

That is THE ONLY way any guru or knowledgeable trader can prove to me how much he/she earned.

Its very simple. EVERY on-line broker has these records for every trader and his/her trades.

I get ALL KINDS of ads and promotions from many, many of these experts. When I e-mail or I call and request this information, NO ONE - NOT EVEN ONE responds with the information I ask for.

I do it in a very civil and polite way, BUT every one of them gets "cold feet" and backs-off. As far as I'm concerned they want THAT M-O-N-E-Y - our money - with a bunch of toro-poo-poo - without substantiating their claims.

Thanks for asking your Q! I enjoyed taking the time to answer it!

VTY,
Ron Berue
Yes, that is my real last name!

huh, NO

80% of portfolio managers cannot beat an index fund of any sort. So no, they can't beat it.

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