Another Record for The BlackBay Group…
August 22, 2012 2 Comments
I remember in 1997, I asked then-University of Maryland Women’s Lacrosse Coach, Cindy Timchal, if she ever gets tired of coaching, despite winning seven consecutive NCAA championships. Her response: Does Michael Jordan ever get tired of winning championships??
Well, we certainly don’t get tired of posting new announcements on record highs with The BlackBay Group Blended Investment Strategy. The numbers are striking and, as one investor likes to repeatedly say, “awesome”!
Take a look for yourself (and tell a few friends, as well). All numbers are through Tuesday, August 21st:
Since inception (3/15/2010): Blended Strategy is +70.68% vs +22.83% for the S&P.
Month-to-Date: Blended Strategy is +3.78% vs +2.45% for the S&P.
Year-to-Date: Blended Strategy is +27.81% vs +12.37% for the S&P.
One-year (8/22/2011-8/21/2012): Blended Strategy is +18.46% vs +25.75% for the S&P.
Two-year (8/20/2010-8/21/2012): Blended Strategy is +51.80% vs +31.86%.
Now, remember, returns do not include a 2.4-3% annual management fee. And, past performance is not necessarily indicative of future results. Regardless, though, why not give us a try. Accounts are held at Profunds, Fidelity, Schwab, and E*Trade. Give us a call and we’ll help.
Our telephone number is 800-992-4630. Thank you.
- Todd M. Schoenberger, Managing Principal