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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?

To: Share-ee who wrote (1694)	10/18/1998 3:57:00 PM
From: Ralph C. Cinque	Read Replies (1) \| Respond to of 2346

Share-ee, I'd love to see that advertisement, to see what he's claiming, exaggerating and misrepresenting. Would you consider sending it to me? You can e-mail me at firsky@hotmail.com. Thanks Share-ee. My name is Ralph Cinque

To: Share-ee who wrote (1694)	10/18/1998 4:21:00 PM
From: Wren	Read Replies (1) \| Respond to of 2346

Share-ee, my experience with Investors World was reasonably good until about 15 months ago. When the Asian markets began to go down, JD continually assured us that this was temporary and that we should use the sliding prices to buy more shares. When the slide started in Europe (most of his European recommendations had done very well but had moved up to very high P/Es) he again enthusiastically pushed buying more shares at the lower prices. He did the same thing when US small caps started to slide last Spring. Personally, I would have done OK with his advice if I had never averaged down my cost by following his recommendations and buying more shares in these companies during the slide. The Hulbert Financial Digest rates newsletters. It shows that as of June 30, 1998 (which was three weeks before the US and European markets topped), JD's recommended stocks were up 13.3% YTD and 17.1% over 5 years. Compare those returns with the S&P500 Index, with 23.06% YTD, and 17.7 over 5 years. Over 5 years, he was close to the index, but in 1998, he was doing poorly. As of 8-31 Hulberts rated as the best over the past 5 years: The Prudent Speculator with 19.4% over 5 years, through 8/31/98 All Star Funds with 17.3%, and Fundline with 16.1% (The IW returns are through 6-30 (before the slide) and the three ranked best returns are through 8-31, after the slide started), so they are not apples and apples. Sorry, but I couldn't get the returns for IW through 8-31. Hulbert also evaluates the relative risk of the 105 newsletter that it tracked over the 5 years. It ranked Fundline and All Star Funds as the best two when the risk level of the recommendations were taken into account.