"Don Tiberone" <s_knight8@[EMAIL PROTECTED]
> wrote in message
news:f978fd23-daff-47e7-b16c-07a16a0822b7@[EMAIL PROTECTED]
> On May 17, 11:16 am, "FrediFizzx" <fredifi...@[EMAIL PROTECTED]
> wrote:
>> "Don Tiberone" <s_knig...@[EMAIL PROTECTED]
> wrote in message
>>
>>
news:53a322e7-3640-444c-8af4-a7481c032040@[EMAIL PROTECTED]
>>
>> > On May 16, 10:04 pm, "FrediFizzx" <fredifi...@[EMAIL PROTECTED]
> wrote:
>> >> Your most welcome, Dirt. Thanks for cru****ng all of us in the
>> >> contest.
>> >> ;-) I don't think anyone is gonna catch up to you now. We might
>> >> have a
>> >> contest for 2nd or 3rd place. But congrats also to all that are
>> >> beating
>> >> the SPY benchmark. 7 out of 10 is not bad at all despite going
>> >> thru
>> >> a
>> >> very long correction.
>>
>> > Well, I crushed the market in all 3 contests.
>>
>> Yes, your consistency is to be commended. If you aren't already, you
>> should be making big bucks running a hedge fund operation. ;-)
>
> Nah, I just pick fund managers that make big bucks for me. Which
> incidentally, many financial advisers make money that way. All they do
> is pick a bunch of mutual funds for their clients. What an easy way to
> make money.
Yep, did that back in '97 when the wife had to roll her pension money
over to an IRA. The CFA put us in some OK mutual funds but the best
thing she did in retrospect is she put 35% in US Treas. Strips. That
really helped to weather the dot.com bust. Probably one of the best
$200 we ever spent for her advice. Nancy Abrams in Century City, CA. I
would recommend her to any newbies that suddenly have a substantial
amount to get invested. We never lost any principal during the dot.com
bust.
>> > Funny, I don't see anyone ripping Heebner lately. His picks have
>> > you
>> > pulling ahead of everyone. I only have 5% of my ****tfolio in CGMFX.
>> > I
>> > only regret not putting more in.
>>
>> Quite frankly Don, I owe most all my recent success to you. Both in
>> the
>> real markets and the 2008 contest. You are the one that first
>> mentioned
>> both Ken Fisher and Ken Heebner on this group that I read. After
>> reading Fisher's "The Only Three Questions That Count", it is very
>> easy
>> to tell that he is 100 percent correct in how to beat the markets in
>> this day and age. I have been doing his program of global
>> diversification with some slight modifications since early last
>> summer
>> and our ****tfolio now is less than a couple of percent off the all
>> time
>> high set back in Oct. We are substantially ahead of the S&P 500
>> index
>> benchmark. I'm very pleased at this point. I was having my doubts
>> last
>> fall that all my studying and efforts wouldn't be able to beat the
>> market and was going to throw in the towel at the start of 2008 and
>> put
>> everything in an index fund. But I got busy on a project and just
>> let
>> most everything ride thru the correction. Glad I did. We would be
>> doing even better had I not made the mistake of buying into too much
>> global and commercial real estate before I read Fisher's book last
>> year.
>> All I can say about Heebner is that if there is one fund that I would
>> put all my eggs into, it would be his. ;-) He knows how to play
>> this
>> game extremely well. We have about 7 percent of ****tfolio in CGMFX.
>> I
>> also wish we had more. Thanks for telling me to just go for it at
>> the
>> end of Dec. It is definitely not timing the market that counts but
>> "time in the market". Of course, it did help when I did some good
>> buying during last summer's correction. ;-)
>
> Well, I got hurt by some of my REIT holdings last year. I sold out
> last year. If I get back into some real estate, I'm going to stick
> with Heebner's real estate fund CGMRX, which incidentally is killing
> the market again this year. CGMFX is up 13.9% YTD. CGMRX is up
> 12.3%.
Hehe. Heebner has stuff in CGMRX that is not specifically real estate.
Like MOS, POT, RIO and RTP. The guy is certainly no dummy. I see that
he has SPG in there which we also hold. It is up about 21% YTD. It
looks like all of our real estate holdings have bottomed and are heading
higher now. Other RE holdings are SLG, EGLRX and SWAIX.
Fred
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