Note: This is "guest blogger" Kirk Lindstrom filling in with an article as Honeybee continues her recovery. She appreciates all the kind comments and words of encouragement but is still not up to writing long articles.Please post in the comments section how you were investing last year.
What Bob Brinker doesn't tell you or post on his web site is he was so bullish at the start of 2008 that he called for a "gift horse buying opportunity" when the S&P500 was only down a few percent to the mid 1400s! Brinker called many "all in" buys as the market crashed to the 600s with the last buy in the 800s. Anyone following Brinker had nothing to put in from taking profits when the market was higher as I advised when the market was near the peak. See 2007 Profit Taking Alert.
Brinker also doesn't tell you that he bashed anyone like me who warned that a recession was unavoidable. See my March 2008 article (with ECRI) titled:
See Bob Brinker's Asset Allocation History for a full accounting of Brinker's official advice to the 1980s.
Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 159% (a double plus another 59%!!) vs. the S&P500 UP a tiny 8.6% vs. NASDAQ UP a tiny 3.5% (All through
In 2009, "Kirk's Newsletter Explore Portfolio" gained 33.5% vs. the DJIA up 18.8%
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