I think I see the problem here, its a basic math issue: If in year 1 you make 25% and then in year 2 you lose 25% you are not back to break-even, you are below where you started (lost 6.25%) You can't just add up all the yearly gains/losses because that assumes you start each year again with the same starting balance (rather then rolling the balance forward) Starting with a base value of 100 this is how those percentages work out: 2003 +6.06% 106 2004 +20.37% 128 2005 +23.56% 158 2006 -25.83% 117 2007 -10.26% 105
Exactly Correct: So, Grand Timmay Total Return since 2003 equals...........(drum roll please)... 5% (only TOTAL of 5% earned in almost 5 years. Much better to use a checking account for that kind of return)
Timmay is a typical ET sponsor, cumulative returns below treasury yield over a five year period and promoting junk to pay his bills at newbies expense.
Hahaha, it's kinda funny to judge me before you know ANY of the details. Sispuede, stop being so closed-minded!