Also here are the capital losses they realized... a little under $40K worth.
http://i42.tinypic.com/29dip8z.jpg
If I had put the $800K in an index fund like SPY in late October when I first bought, I'd be down 10%. As it is with these guys I'm even plus have that $40K short term loss carryover. They've earned their $2K quarterly fee so far, we'll see how the rest of the year goes.
http://i42.tinypic.com/29dip8z.jpg
If I had put the $800K in an index fund like SPY in late October when I first bought, I'd be down 10%. As it is with these guys I'm even plus have that $40K short term loss carryover. They've earned their $2K quarterly fee so far, we'll see how the rest of the year goes.