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Wade Cook Brokerage Accounts Report 127% Rate of Return for 1999.


Business Editors, News Desk

SEATTLE--(BUSINESS WIRE)--Oct. 5, 2000

Today, the Wade Cook Financial Corporation (WCFC WCFC West Coast Futbol Club (Laguna Hills, CA) )(OCTBB:WADE) internal brokerage accounts Brokerage Account

An arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage, which then carries out the transactions on the investor's behalf.
 reported investment results of $3,722,950 in realized and unrealized gains for the year 1999.

With an average monthly balance of $2,917,816 in the investment account, this represents a 127.59% rate of return for the year. The rate of return is the amount of gain or loss in a calendar year as an annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 percentage.

The figures come from Wade Cook Financial Corporation's year-end filings with the Securities & Trade Commission. The reports have been audited and calculated by using the SEC's recognized formula for determining annual rates of return. Using the same SEC formulas, the AROR for the S&P500 = 19.53%; DOW = 25.22% and the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 = 85.59% for the same time period.

This report precedes more good news for WCFC as earlier today, the Federal Trade Commission and 13 states have jointly concluded their investigations and audits of WCFC without finding wrongdoings were committed.

In a recent edition of the Wall Street Journal, WCFC is described as "one of the nation's largest financial seminar firms", as for the last six years WCFC subsidiaries have educated hundreds of thousands of individuals about the stock market and its related strategies.

For more information on this report please see or 10K filings with the Securities & Exchange Commission at www.sec.gov, see EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. , key word search WADE. For more information, please contact Matthew Richardson Matthew Richardson can refer to:
  • Matthew Richardson (Publicist)
  • Matthew Richardson (Australian rules footballer) (born 1975), Australian rules footballer with Richmond Football Club
  • Matthew Richardson (New York University Professor)
 at 206/901-3136 or visit wadecook.com.
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Publication:Business Wire
Date:Oct 5, 2000
Words:257
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