Mutual Fund/ETF Letter

This portfolio is designed for a moderate to aggressive investor who is seeking growth of capital. Our goal is to be invested primarily in exchange-traded funds (ETFs) and/or stock mutual funds when our models are positive, and in money market funds when our models are negative.

We established our Mutual Fund Actual Cash Account on August 29, 1988, with $100,000. As of 12/31/2020, it had grown to $1,888,044. There is nothing hypothetical about this account. Not one penny has been added to it over the years.

On the front page of each monthly letter, you will find a printout of all of the funds that are currently held by our Actual Cash Account. We detail the purchase date, the price paid, dollars invested, and current price along with the subsequent gain or loss reflected in dollars as well as percentages. The advantage to you is that you have concrete evidence of exactly how our recommendations are performing. In every issue, we also precisely update how the Actual Cash Account has performed since inception. You will know almost to the penny the complete track record of our Actual Cash Account. We know of no other newsletter that provides this type of disclosure.

In each edition, you will also receive our relative strength rankings of the top-performing mutual funds and ETFs. The funds in the forefront of the ratings are those that have exhibited the greatest potential to score superior gains over the coming months. Furthermore, our advice is unhedged. We tell you when to buy and when to sell.

The reason the vast majority of investment advisors do not do this is obvious: It’s not all that easy to consistently make money in the stock or mutual fund markets. If it were, everyone would do it.