Financial Ramblings

I had about 1/2 a second of free time today, and while I had it, I remembered to check out a mutual fund which I was going to buy a few months ago, but never did. It's Quaker Strategic Growth Fund (ticker is QUAGX) A mutual fund, which is pretty much run as a hedge fund. It has a phenomenal record and will overtake Legg Mason's famous Asset Manager, Bill Miller, if he doesn't beat that ever important S&P 500 benchmark this year. So far this year, it's up over 12%, so for you mathematically challenged people, that means if you invested $1000 back on January 1st, you would now have $1120. Which is wicked good as we are just now entering the best time of the year for the Equity (aka Stock) markets. So for it to already be doing so well, means it is very well managed. It hasn't done as well as some of the Natural Resources funds, or International funds this year, but for a domestic equity, it's done great so far.