Class B, the more aggressive one. That's the only way to go. Quadriga recently made an all time high. Looks pretty nice on a 6 year chart if you like things that go straight up! LOL.
I put $10k in B shares. They've done alot better than I would've done putting the $10k into some shitty penny stock. They are located on Park Avenue, so I dropped a check off when I was up there. I live in Boca, which is home to John W. Henry & Co., the largest managed futures firm. He is also the owner of the Boston Red Sox and Fenway Park. he began trading $1000 of corn on his midwest farm. Why hasn't my $1k grown to billions? I wish there were hedge funds or managed futures firms in South Florida that were hiring.
Gator, there are a lot of funds down there from what I hear, especially in the Miami area. I've been to Quadriga's office too on Park Ave. Nice place. If you keep putting money away in that fund every month or as often as you can and they continue to make 30% to 50% a year, well, it's like Forest Gump said, you won't have to worry about money anymore, you know, one less thing to worry about. LOL.
How much would I need to write a check for each month? Say I have 5k in it....I know its according to how well it does...what was last months fee? Michael B.
I thought there was a fee every month...do they deduct it from your holdings? Can't you pay them manuelly? Michael B.
Yes, there is a management fee. I think for the B fund it's something like .003 a month or something. Actually maybe less then that, I think it's 2.5% on an annual basis so 2.5% divide by 12.