$1,000,000 Moment for Tin Cup
Features, by Mark Robertson, Managing Partner March 27th, 2012
It’s January 1995. If you start investing the maximum allowable 401(k) contribution — and discover opportunities using a combination of forecasted returns and quality — when might you reach $1,000,000?
$1,000,000 Moment for Tin Cup
Answer: March 26, 2012
Question: It’s January 1995. If you start investing the maximum allowable 401(k) contribution — and discover opportunities using a combination of forecasted returns and quality — when might you reach $1,000,000?
I actually expected the Tin Cup demonstration portfolio to approach $1,000,000 and fluctuate a bit, perhaps teasing us with intraday highs greater than $1,000,000 before settling back into six digits for the night’s slumber.
A funny thing happened on the way to that expectation. The portfolio gained $20,000 yesterday and surged from $990,000 to a close at $1,011,703.
Tin Cup Monthly Performance: Here’s a look at the monthly performance since the inception of Manifest Investing.
Tin Cup has been the subject of a couple of features along the way:
Introducing Our Tin Cup Portfolio
http://www.manifestinvesting.com/articles/a></span
Tin Cup Questions
http://www.manifestinvesting.com/articles/a>
There have been few times when we received more favorable feedback and correspondence than we did following our non-partisan open letter to the new president after the last presidential election:
An Open Letter to the President
http://www.manifestinvesting.com/articles/a>
… and we believe with all of our heart that the solutions to many challenges like getting the most from retirement plans lies in a deeper understanding and pursuit of the educational channels. What if we can make like Occam’s Razor and make a huge difference in the futures of many? We know that we can.
Because Tin Cup demonstrates what is possible and we’ve been there … done that.
Mark Robertson
Mark Robertson is founder and managing partner of Manifest Investing, a source for research and portfolio management focusing on strategic long term investors.