Up 42.2%. 2012 Combined portfolio gains to date - based on gains (net of interest) of 291,905 on average daily balance of 691,600
Up 37.9%. 2012 Combined portfolio gains including an extra 90K in denominator for PFE portfolio naked put margin
Up 13.4%. 2012 S & P gains to date (1,258 to 1,426)
Note: In 2011 in a completely flat market, I achieved startling gains of 58%. Then this year on the expanded portfolio, I earned a return of over 42%. From the end of 2010 through the end of 2012, every $100,000 has turned into $225,000 whereas every $100,000 invested in the S & P 500 is now worth about $118,000 after dividends. My options strategies truly are superior and I consider myself to be one of the very best percentage wealth creators in the nation. Really now, how many others have earned returns of 58% and then 42% the last two years in sizable portfolios?