Replies to post #17 on The "Stock Trading Riches" Investment Sy

[PraveenP]

Hi Clacy,

I mostly trade stocks, but also use some funds.

ETFs and funds work just as well. I would just try to avoid using general index funds like an S&P500 fund, because the individual stock movements dampen the volatility.

A reader from Canada included my book in their Amazon Listmania! List (http://www.amazon.com/Contrarian-Stock-Investing-Systems/lm/RKU02DVM0IS13/ref=cm_srch_res_rpli_alt_2) and wrote:

"When using Puri’s spreadsheet and making one trade on the S&P 500 ETF (Ticker: SPY) on the first trading day of each year from 2001 to 2008, the result is that his system did beat Buy & Hold. The compounded annualized return of buying and holding the SPY index only, was 1.7%, while Puri’s system delivered 2.0%. Better results may be had with individual stocks, other ETFs, or closed-end funds."