"Most of the yield at Cornerstone, however, doesn't come from its investments. In past years, it came from giving investors some of their original assets back. Now, it comes out of money the funds' investors have just added."
I don't make this up...
I dubbed this a "legal ponzi scheme" several months ago and finally every one is else catching up.
I called out the Cornerstone girls about not having phone numbers listed that actually worked and until a month ago were they correct.
The ENTIRE CORNERSTONE FUND OF FAMILY is nothing more then what is wrong with the ills of our system.
If the psueduo-journalist do not address it, either they are getting "white envelopes under the table" or are part of the problem or simply unaware therefore can't be much of JOURNALISTS, YOU MAKE THE CALL.
TUGS I UNDERSTAND YOU WANT TO UNLOAD CFP YOU WILL HAVE A CHANCE NOW..USE IT. YOUR WELCOME.
I have to address you since you come on here telling unsophisticated (not an insult, the truth) investors that CFP is a favorable investment. It is a favorable investment if your "sophisticated" but RETAIL isn't, better you hear from me and save your money and invest with funds that do not exploit your shortcomings, don't you think? Your welcome also.
<WAll ST. JOURNAL -CORNERSTONE INVESTORS PLEASE READ>
Good Lord, Do you really have to dredge up month old articles to convince you think CFP, CLM et al are ponzi schemes??? We know you hate these funds and think they are scams. We got that.; You've told us in hundreds of posts over the past few weeks. But is it really that important to you to waste your life away posting repetitive babble on the board of a stock you hate and/or no longer own. Man, these people must have reamed you good. To waste your life away, all day, every day, on a single board, suggests you lost a LOT of money with these people and they ripped you a new one.
Get help - I'm sure there is help out these for deranged message board posters who waste away their lives on message boards.