HSA Investment Tips — the Fund that Protects You from CongressJune 25, 2008
The Security and Exchange Council (SEC) could not believe the central fact behind a new mutual fund called The Congressional Effect Fund, a public, registered mutal fund.
What fact? This one:
So, with complete disbelief in this fact, the SEC had it checked.
And, based on 43 years of market performance and more than 11,000 data points, the above statement is true.
The SEC then allowed The Congressional Effect Fund to be set up, which is in the market on days Congress is out of session, and out of the market on days Congress is in session.
What is causing this effect on the market? Primarily, when Congress merely proposes new legislation or takes some limited action on some legislation, even it does not pass or become law, the market discounts the value of the companies in the industry that the law could, if it passed, impacts.
This sounds like a great fund to put your HSA investment funds in, and I am going to — since the inescapable conclusion, according to the founder of the fund, Eric Singer, is that “Congress destroys wealth.”
This fund is the way to protect your wealth from the highly negative effects of being in the market when Congress is in session.
You can contact the fund at 888.553.4233 or write the Congressional Effect Fund at c/o Matrix Capital Group, Inc. 630 Fitzwatertown Road, Willow Grove, PA 19090, or visit them on the web at www.congressionaleffect.com.