Intelledgence

[Alberto]

I am wondering if anyone can give me some feedback on Intelledgence.  I have been following Spa 3 for the last 8 months and have so far posted a 16 per cent loss.  Also I find that I am not so interested in the share market that I want to do a daily scan much longer especially as so far the returns have been negative.  So is Intelledgence easy to use and are people beating the ASX 200?

[Claude]

For what it is worth :
My calcs for the 9 months to end of March 2010 :
ASX200 = 32% annualised return.
My Portfolio = 33.7% annualised return excluding dividends for the same 9 month period.
Caveat : sometimes I'm not 100% 'per the rules' but am close to abiding by the signals. I have a limited amount of freedom in my plan that I am comfortable with.

[Claude]

With respect to your question  - "is Intelledgence easy to use?" My opinion is yes it is. Quite some time ago, I switched from half SPA / half Aureus (I liked that name...) to all Intelledgence because of time and other constraints.

In my portfolio over that nine month period there were 47 transactions, excluding dividends.

I look forward to seeing what new developments the ShareWealth team has for Intelledgence.

[Alberto]

Thanks for the feedback Claude.  Sounds like Intelledgence is doing about 50% better than SPA3 at the moment.   However, if it is only giving returns just above the ASX200 is it worth it or would you be just as well off choosing your own ASX200 stocks.  Or does it give timely exit signals?  But then if you only look at it once a month as the marketing suggests I guess you are not going to get the exit signals until you do your monthly scan. 

Regards

[Claude]

Alberto,  these are some of the  benefits derived by paying for the use of Intelledgence :-

a) Which of the ASX200 to buy ? (Most probably the easiest thing to do on your own); however some of the signals are given before the SPA ones kick in, so it's not tardy),
b) then it weights the quantity to buy with a level of portfolio risk,
c) and provides a technical stop loss,
d) it provides accumulate and lighten signals
e) and then it will preserve capital with a sell signal.
(Ref : Marcus Padley - SMH Sat 1/5/10 http://www.smh.com.au/business/pride-comes-before-a-fall-in-your-portfolio-20100430-tz9z.html
f) In addition it's hard to be out there in the market on your own.

As to the frequency of watching a portfolio performance and waiting for signals, well that's a personal choice and one can subscribe to the email alerts for the signals and therefore act on a timely basis.

[Alberto]

Thanks Claude
The email alerts sound like a great solution to knowing when to sell.  I think I will give it a try!  Sounds more suited to my lifestyle than having to do scans every night as I have been with SPA3
Regards