Tuesday, March 18, 2008

Reader Investment Pledges mid March

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Thank you readers - we are approaching $1M in total investments pledged already which is fantastic. I was not anticipating any serious interest until having at least a 1 year track record, so all these early investments are icing on the cake.

The original post on the purpose of the blog can be found here [Jan 7: Readers 'Pledges' Towards Mutual Fund Launch]

Last month's update can be found here [Feb 19: Update on Reader's Pledges 6 Weeks In]

As an aside I've lowered my total goal from $15M to $12M - I've been peeking around some smaller "no name" funds, and some have assets from $8-$10M in fact. Since break even should be do-able at $8M, once near that level I will actually start working on the nuts and bolts - unless a hedge fund swoops up my services first ;). But to think we're already 1/8th there is amazing. But you know what they say, it's the last 7/8ths that is the hardest part... (ok they don't really say that - it's the Kool Aid getting to me)

Once again thanks for the readership from all of the blog viewers - the blog growth has been fantastic, and thanks for those who have put faith to invest. Hopefully in the coming months I can win over more people with continued positive fund results. Would be nice if the markets behaved nicely for a few months - this has been a tough environment to launch a track record, I tell you.

As always, you can see how I am doing by verified independent 3rd party metric here: 'Rising Tide Growth' performance

To future investors, as always, if you change your mind and want to rescind an investment pledge and/or change (up or down) the amount, please let me know since I simply want know where I truly stand in this process. Also if you see your name below but no location, please drop me an email or comment on this blog entry of your city, state. Thanks.

AmountWhoWhere
$75,000SelfMI
$2,500Michael DOceanside, CA
$7,500OthParts Unknown
$10,000Dean DSan Jose, CA
$2,500Oza PMA
$20,000Oren LChicago
$10,000Rob TNYC
$5,000RyanSeattle, WA
$7,500TedSunnyvale, CA
$2,500Brian PCerritos, CA
$22,500David BMiddlesex, NJ
$50,000IanSan Antonio, TX
$40,000"LiquidWindows"Deep in heart of TX
$5,000JonsonLA, CA
$5,000JimideanParts Unknown
$3,000Brooks RBaton Rouge, LA
$5,000ZlatanscoresParts Unknown
$3,000Ben SPortland, OR
$5,000Sheng SOmaha, NE
$10,000msuberriNJ
$5,000David WHouston, TX
$10,000Ryan TNJ
$3,000NandaKNashua, NH
$2,500WaltFParts Unknown (via email)
$2,500JoeScranton, PA (email)
$2,500ToddNashville, TN (email)
$250,000David RSouth Carolina (email)
$100,000A.F.Los Altos, CA (email)
$50,000SatyaParts Uknown (email)
$5,000Bobby LSan Jose, CA
$200,000Ganesh SBellevue, WA
$2,500Michael ACharleston, SC (email)
$2,500TJPSterling, IL (email)
$37,500Bob BVanBuren, AR (email)
$10,000Pat LTuscon, AZ (email)
$10,000Art HAuburn, CA (email)
$5,000Dan DAugusta, GA (email)
$5,000Jeffrey HGreensboro, NC (email)
$994,000Total

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