How to Buy a Glider Afordably, or Euro vs ContraFund
I am not sure what you are recommending, if anything. I do know,
however, that you haven't done your research (this seems to be a
recurring theme in this thread). The facts are that the ContraFund has
outperformed the S&P 500 in 8 of the last 10 years. The average
difference is 3.29%. It underperformed one year by 7.35%, but still
managed a gain of 23% that year. More importantly, it significantly
outperformed the S&P 500 in the down years. This translates into lower
risk for the investor (note that I said "lower risk", not "no risk").
Tom
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