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"Pinchot Retirement Plan" means different things to different people.

The original Pinchot Retirement Plan (the retirement plan for the employees of the state of Pennsylvania established by governor Gifford Pinchot in 1923) is now known as Pennsylvania State Employees' Retirement System and has a $30-billlion multi-manager portfolio:

http://www.sers.state.pa.us/sers/lib/sers/investments/summaryholdings/summaryholdingreport_2q_2006.htm

There is another "Pinchot Retirement Plan" popularized by some investment advisers; it is a list of timber REITs that supposely practice Pinchot's approach to forestry management, which he developed while managing Biltmore estate in North Carolina for George Vanderbilt. The list has been compiled by an investment newsletter publisher named Steve Sjuggerud. He'll give it to you, if you subscribe to his True Wealth newsletter ($99/year). One company from the list that he names in his marketing materials is Plum Creek (NYSE:PCL).

The problem with Sjuggerud's claims is that PCL is far from the risk-free cash machine he portrays it and similar companies to be. In 1996-98, in particular, the company had a negative net worth and was vulnerable to all kinds of legal risks. Also, most of PCL's stellar returns occurred in the first five years since its IPO. The company went public at $7.50 a share (adjusted for splits) in mid-1989 and hit $30 a share in early 1994. Current price? $37.28...

2006-12-08 02:46:49 · answer #1 · answered by NC 7 · 0 0

If it is a true retirement plan then it has to be on the "up and up" in everything that it portrays. The claims may not be forged (legally)! I found a little information that you might check. I will include the sources below. Have a great holiday!
Eds

2006-12-08 02:10:21 · answer #2 · answered by Eds 7 · 0 0

i'm unsure if the names decrease than are one hundred% ultimate yet you could examine extra deeply: Pinochet Retirement investment #2 - Southern US Pinochet Retirement investment #3 - needed US Pinochet Retirement investment #4 - Pacific Northwest Pinochet Retirement investment #5 - Western US Pinochet Retirement investment #6 - Canada

2016-12-11 04:51:26 · answer #3 · answered by ? 4 · 0 0

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