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Hey I found a really GREAT family of mutual funds. They are called ProFunds.
They a like the Rydex funds, but I think a lot better.
1. The minimum investment is $15,000
2. They have a Ultra Bear and Ultra Bull fund. Both of these funds have a
beta of 2.0 which means if you are in the Pro Ultra Bull fund, and
the S&P goes up 1% the Profund
goes up 2%
3. They also have a Ultra OTC fund (Bull and Bear) The OTC Bull fund is up
over 90% YTD.
it is the #1 performing fund this year!!!!
Let me know if anyone has used the funds and what yopu think.
Rob
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