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No. of Recommendations: 5
Not sure which one of us you're asking, but comparing GTAA against SPY is a total apples to oranges comparison. Yes, over the long haul, the downside risk of GTAA is much less than SPY, although you may very well have to give up a bit of return. I'm not expecting the future to be anywhere near as good as the last 5 years, which I consider a bit of an outlier (if I'm wrong I still end up doing fine). In my case, I have plenty of retirement savings as long as I can avoid the big bear drawdowns and simply beat inflation by a point or two.

Larry
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