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Company Name
Tonge Investments

Tonge Investments

Tonge Investments is a registered investment adviser. Rick Tonge is the founder and has been in the securities business since 1974.

Investment process

My philosophy is that the stock markets are doing one of three things at any given time: they are either going up, going down or are flat and it is not necessary to own stocks when they are declining. It is far better to step aside and wait in cash for a better opportunity. When the markets are flat or going up, then money can be made at a good rate. This is not about market timing, it is about accepting that, occasionally, something is wrong and the markets are going to continue to decline until the problem is solved.

Investment portfolio

The T12 income process uses a leveraged ETF based on a broad index and creates income by selling covered call options in very short cycles.

Strategy
Options
Sharpe ratio
1.72 365 days
Performance
16.5% 365 days
Risk score
Fees
  • 1.5% fee
  • $55,000 min


Important Information

1. Performance of the Portfolio Manager's account is calculated by IB Asset Management on a daily time-weighted basis, including cash, dividends and earnings distributions and broker commissions. Manager returns include trades and positions that fail IB Asset Management's trading rules, as a result, actual client returns will differ. IB Asset Management advisory fees are simulated and applied retro-actively to present the portfolio return "net-of-fees".

2. Past performance is no guarantee of future results. Periodic and since inception performance returns are calculated daily. Monthly vs. S&P 500 return and the corresponding spark chart is calculated to the most recent month end date.

3. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by IB Asset Management, based on the characteristics of the underlying portfolio. It should not be considered as specific investment advice for your investment situation.