Profunds index and sector trading

[was Steve]

heres some facts on long term returns. an average return of 23% a year wins the best long term return of a regular mutual fund. the best hedge fund return over the long term was the equivolent of 31%. after fees this returned about 25% a year on average to the clients.

taking the best of the two compounded over 20 years a typical $10,000 investment grows to 87X the 10k or $867k.

100%/year 1049X or 1.049 billion
1000%/year 1049 x 10 to the 26th power or $1,049,000,000,000,000,000,000,000,000,000

ill let folks draw their own conclusions about what is a reasonable goal to attain on an average basis