Replies to post #5 on 'Safe' Money Investments

[nitetrak]

Hi Dave. I caught your board and thought I might suggest a money manager I use. The gentleman who owns the company is Ralph Doudara. He's a Registered Investment Advisor (an RIA)licensed with limited power of attorney to invest your money as he sees fit within the guidelines you establish among the number of systems he has developed.
All his investments are in mutual funds and most are high leveraged funds(1 1/2x, 2x, 2 1/2x)that play a given index, sector, commodity. Many of these funds are found within Profunds, Rydex, and Direxion Mutual Funds, although they trade a host of funds from Mutual Funds which are short term friendly. These funds cater to short term traders and he can be in or out within a day and at times does just that. In essence, he's a market timer.
When my union closed and merged statewide, I was left to decide where to invest my money. Through the Internet I found MoniRearch Reports. They receive and rank over 100 Money Managers and Mr Doudara's company, Spectrum Financial, was always in the top 10 year after year. Spectrum's done fine by me these past 8-10 years or so and has averaged me about 15%/year after fees. These guys do charge fees...about 2%plus/year depending on the system, whether you make money or not.

Here's MoniResearch's website. You will have to pay for his research of Money Managers.
http://www.moniresearch.com/
I highly recommend his newsletter!

These money managers of which he supplies audited returns are not Hedge Funds but similar for those of us who are less than rich. Each system you invest in usually requires between 50k-100k minimum with these RIA's, although some require less.
Here's the outfit I use which is located in Virginia.
http://www.spectrumfin.com/

Let me know if you decide to call them. It would be best if you could receive from them their past 4 quarters of newsletters to see their performance. Each newsletter supplies results for past quarter, YTD, 1yr., 2yr., 3yr., and 4 years besides the usual take on the market. I'm sure they can supply you with results further back to see how they held up during the Dasdaq Crash.
Best of luck Dave,
Jack