[quote=enron_by_the_sea][quote=andrius3d] I’m considering leaving my Merrill Lynch account and investing in EuroPacific.[/quote]
Has Euro pacific beat a balanced fund (e.g. VBINX) over a period of say 1-year(14.27% pa), 3-year(11.44% pa), 5-year(4.49% pa), 10-year (6.76% pa)?[/quote]
Actually, I am happy with ML’s performance. That’s not the issue. I do not believe we are in another cycle but rather a transition and agree with Peter’s outlook on dollar denominated stocks. I have been following him for years and have been waiting to make the move to EuroPacific to preserve my wealth but somehow am still hesitant. Especially after spending time on Mish’s Global Economic website. Though,many of the things Mich predicted are defunct as well, i.e. Australia’s interest rates going below 2.0. Also, the people complaining about losing money with Peter may have pulled out too quickly. I recall two gentlemen complaining about a stock (SO) but had they hung tight they would have recouped their losses.
Again, I was just wondering if anyone who had doubts of Peter’s philosophy may have changed their tune because of what has transpired since 2009.
