Beginner Investing/Dr Steve Sjuggerud
Expert: Dr. Joseph de Beauchamp - 1/7/2007
QuestionMy elderly parent has recieved and invitation to receive Dr Sjuggerrud's newletter "True Wealth". The claims seem fantastical - too good to be true. Is Dr. Sjuggerud for real?
AnswerI would not purchase this material. I would go to the local library and read through Valueline and Morningstar books. This would be for free. I would look over the book by Warren Buffet and read over the history of his Berkshire "fund". Most people should not be investors except in mutual funds. Warren has beaten the markets since 1952, and this is a fact in the front page of his annual report, so I tend to believe in his proof. He uses fundamental analysis, rather than debt and trading.
Some of what this fellow says does sound as if beyond belief. Some of this I saw dating back to the 70's when I started. I have ordered the material out of my curious nature, and will read through it. I will be interested to see what this is about, but I do have my doubts too. Not to say that he might have a new theory and proven results?
Dr. Joseph deBeauchamp
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