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Hi peter, I just had a look at your GEM funds, and have noticed returns are 12-15% for the last 12 months. This result is low if you consider the performance of ASX200, however could we conclude the returns on these funds will be more consistant rather than big ups and downs? Would you expect...

yeh but in reality you might get your 1 - 2% per month, but your capital could be eroded in the process. and this is the catch which people need to be aware before investing into this fund.. if they are happy with that risk, then all is cool

Winston, what do you mean you had your time wasted? Isn't going to the seminar to get a overview of the product, and then if it interests you, you read the PDS, and then make up your mind if the product interest you? How is this wasted time? You will no doubt need to view many investments...

Hi Peter, thank-you for your time to reply and clear things up. Yes I do take responsibility for my choice, so in the end, the buck stops with me. But where I have a problem is the fact you promoted it as 'the investment of the decade'. I clearly recall you standing on the stage and said how...

I have noticed wealth magic is back. How many times was it 'the last one'? Peter is retiring from Seminars? hmmm:o

totally agree. This is why I didnt think the fund did very well at all, since it fell by more than the permium amount. essentially it returned your own capital in a fancy way, while freeman fox collected brokerage and fees. As I said before, I subscribe to holding quality companies with regular...

Winstone, the average Joe Public will not know how hard its to trade the market. They see nice colorful charts with nice candle sticks and think 'pros' will just read this and trade accordingly. However in reality its much harder to pick. I dont think though MOO trys to pick bottoms does it? I...

I dont think you can compare the moo fund to a index fund, as they are two seperate type of investments. Its like saying compare ASX200 index to a property purchased in the city. But you would expect to make more with a stratergy than fixed interest, and unfortunately buy write hasnt achieved...

thats the point I was trying to make Winston. Yes Peter can advertise a nice big yeild, but whats the point of the capital goes down by more than the yeild to give a overall negative return. As I pointed out earlier, Macquarie also had a buy write fund, which freeman fox recommended, and it...

selling puts on stock you would like to buy is ok. cause at worst your left with stock should you be exercised. and since you got a premium, you purchased the stock at a cheaper price on that day. you could also sell a naked call at say $5 and buy a call at $5.50 hence limiting your exposure...

looks like even peter spann cant make money from his buy write strategy. http://www.excela.com.au/reports/MOO%20-%20201002%20-%20MONTHLY%20REPORT%20-%20FINAL.pdf his fund is losing 2.5% since the find has started. so how come he cant make 3% per month? his marketing hype might fool...

well, I think he would have done quite well had he held his 100 properties in sydney.. certainly better than the other crap he has been floggin! (and apparently he also invested in)

All he is selling is the buy write strategy. To get a idea on returns you could expect, you could look at a fund Spann was pushing a few years back 'let us do it for you' http://www.macquarie.com.au/emg/mq/investor_centre/performance_information.htm Macquarie Australian Equity Income Fund At...