Quote from ElectricSavant:
I spoke with Sharon at Sterling...just fil out the online app. mail in 5k with the quadriga app. and good to go...
Thanks folks!! see you in Monte Carlo!
Michael B.
Michael,
A kind word of advice. As you know Quadriga is a trend following fund and they are currently riding all these commodities making all time highs. The fund has had a huge run the last 5 months because of this. I would be careful about entering at these levels. Now if your going to put in money every month it's not that big of a deal. But like I said, it's not uncommon for this fund to have 15% drawdowns and I'm sure we are due for one pretty soon. So just be careful if that 5k is all you intend to put in. Like I said if you have more money to add during drawdowns its not a big deal. I'm just looking out for you and I would hate to see you rush in and take a 15% hit right off the bat.
