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JimVanMeerten (61.35)

Thanks to Marketocracy, Barchart, MSN Money Central and Motley Fool

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April 20, 2010 – Comments (1)

About 5 years ago after 35 years of investing in stocks, mutual funds, closed end funds and ETFs rated top picks by others I decided I could do a better job myself. I was reading Forbes magazines Best of the Web and decided to take their recommendations. In that issue they recommended Marketocracy as one of the top stock market simulation games and Barchart as one of the easiest stock screeners to use.

Soon my funds were getting green stars from Marketocracy meaning that they were beating at least 75% of the other 100,000 plus portfolios rated by Marketocracy. I begin asking questions in the forums and found the M100 guys -- Those top 100 out of 100,000+ to be very honest and giving of their time. A few even encouraged me to enter a contest sponsored by Marketocracy, MSN Money Central and Investor Place Media called the Strategy Lab Open. The winner of the contest would get a chance to be in a Strategy Lab contest against some real professionals on MSN Money Central. I'm not sure how but I won that contest and began writing articles for Top Stocks.

I have since retired and now write on-line columns on Barchart, MSN Top Stocks, Seeking Alpha, Main Street Investors and my own blog Financial Tides teaching others how to pick and manage their own investments.

This month Marketocracy gave top recognition honors to 3 of my simulated Marketocracy portfolios. They named my Barchart -- Jim Van Meerten Speculative Fund -- (VNSPC) to their M100 . Per their press release:

"M100 members have proven long term track records, and serve as the ambassadors of our top performing members. We have thousands of excellent investors who are beating the market, but only 100 make this list at any given time. These members receive many benefits for their participation in the m100, including free premium memberships, posting privileges on our forums, press opportunities, and cash. Marketocracy pays all m100 members based on the assets under management with our affiliate, Marketocracy Capital Management. "

They also compared simulated funds that had been in existence over 5 years against the top 50 mutual funds with 5 year track records. My Barchart -- Jim Van Meerten New High Fund (VMNHI) beat the #10 rated mutual fund, the Alger Speca A (SPECX) rated by Morningstar as a 5 star 5 year pick . My fund was created in March of 2005 and has returned 76.36% since inception beating the S&P 500 return of 10.03% by 66.34%. Annualized results were 11.68% for (VMNHI) vs. 1.88% for the S&P 500 so I beat the benchmark by 9.81%.

They also compared my VanMeerten S&P 600 Fund (VMSIX) and found that my return beat the #27 top rated 5 year return of Fidelity's Select Software and rated by Morningstar as a 5 star 5 year pick, My fund was created in November of 2004 and has returned 71.11% beating the 13.76% return of the S&P500 by 57.35%. The annualized rated of return of 10.44% beat the S&P 500 return of 2.41% by 8.03%.

I'd like to thank Marketocracy for the recognitions and Barchar for the excellent stock screens.

Please join me on my quest to beat the market by reading my blogs on Motely Fool, Barchart, Top Stocks, Seeking Alpha, Mainstreet Investors and of course my own blog Financial Tides.

1 Comments – Post Your Own

#1) On April 20, 2010 at 1:27 PM, DarkToast (56.96) wrote:

Congratulations, nice work putting together the Marketocracy funds.

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