Oct 1, 2003
Dear Fellow Investor:
The funds-newsletter.com Model Portfolio continues to outperform.
Anyone who invested in line with our recommendations beginning in Jan. 2000 would now have a portfolio worth approximately 32% more than they would have if they invested solely in one or more conventional stock funds. To put this more starkly, if your total investment portfolio was worth about $100,000 on Jan 1, 2000 and you were invested 100% in typical stock funds, your portfolio would be worth about $72,000 today, a 28% loss. If you had invested in my recommended funds allocated as my Portfolio suggested, you would have approximately $104,000 today, a small 4% gain from your original amount, but $32,000 more than most stock fund investors. These results are thru 9-29.
And since June 30, 2003, my recommended stock portfolio is up about 8% compared to about 4% for the S&P 500 Index. And my entire stock, bond, and cash portfolio is beating the S&P 500 Index too.
This is great news for those of you who have chosen to subscribe, read and act on some of the suggestions in my Newsletters and mid-month articles. Unfortunately, though, I have not been able to convince enough people to do just that. It appears that many investors are not able contemplate doing anything any differently in spite of the fact that their investment portfolios have declined a great deal in the last few years. Undoubtedly, they choose to believe that there is nothing they could have done differently in the past nor could consider doing in the future. And some people appear too reluctant to sign up for our Newsletters in light of the epidemic of junk e-mail and computer viruses.
The research upon which we make our fund suggestions is sound, otherwise we could not have achieved the results we have over the last nearly 20 years of investing, as described in the various articles on the site. But without a significant number of regular subscribers interested in our new articles and Newsletters, the educational effort to make this current information available to any investors who might gain from the knowledge our approach offers will have to come to an end. I hope that this will not be the case.
Bottom line: until a minimum of several hundred additional people sign up as subscribers to the site, no new articles or Newsletters will be posted.
Update: (As of 11-3-03) In order to encourage more people to read our Newsletters, we have removed all restrictions on articles on our site or the need to sign up as a subscriber to our site. If this results in greater readership, we will again begin to add new Newsletters every month.
We are keeping our Model Portfolio and allocations identical for the 4th Qtr. to those shown in our article of June 30th, 2003 accessed thru our main web page.
Best wishes
Tom Madell, PhD
Publisher,
Mutual Funds Research Newsletter
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