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Your site charges $600/year. That's 6% of a $10,000 portfolio. Do you think it can make a 6% gain in a year after taxes and inflation to cover its costs for tha
by nether 11y ago
Your site charges $600/year. That's 6% of a $10,000 portfolio. Do you think it can make a 6% gain in a year after taxes and inflation to cover its costs for that size portfolio? 6% gain is about the long term average of the S&P500, after inflation, so you're proposing doubling the market gain.
- chad_strategic 11y agoGood question. Let's not forget that S&P was down ~40% in 2008. So you are correct that long term average is ~6%, but then you have years like that, kind of makes the long term average meaningless. Don't forget your financial adviser took a cut on your losses in 08 as well. At $600 a year is pretty cheap in comparison to what other trading tools. (news letters, chat rooms). This isn't necessarily for people looking a retirement fund. I'm also marketing something cheaper http://www.strategic-options.com/trade/alerts http://www.strategic-options.com/trade/alerts but this is for people who trade semi-regularly. I'm not sure if you fit in that marketing demographic. However, you can see from the website some stocks like Amazon have return far greater amount than the $600 initial cost. This new ETF / index strategy is nice, I working on a portfolio that would only trade ETFs. That would charge only 1.25% of AUM. But that's still in the works...
- nether 11y agoSo you're not really sure it could make up its cost?
- chad_strategic 11y agoThe particular service that I'm offering, the membership. It could surely make up your cost... But it is more oriented towards do it yourself traders, it's not necessarily geared for Buy and Hold. For example on 1/28/15 the algorithm produced a buy signal on Amazon. If you followed that tip on 1/28 or 1/29, then you would have received ~100% return your investment. http://www.strategic-options.com/trade/stock/amazoncom-inc http://www.strategic-options.com/trade/stock/amazoncom-inc So your $10,000 dollar invest would now be worth $20,000. That would surly cover you membership cost of $600. You can find other winners here: http://www.strategic-options.com/trade/open/market_analysis/winners http://www.strategic-options.com/trade/open/market_analysis/... (click the winners tab) I also have a Wiki/FAQ here: http://www.strategic-options.com/trade/open/wiki http://www.strategic-options.com/trade/open/wiki If you have any other question feel free to email here chad (at) strategic-option.com