By Jason Zweig | 3:35 pm ET Jan. 23, 2012
As of midday today, Suze Orman’s website has apparently pulled down the table of annual returns for the model portfolios of her Money Navigator newsletter.
On Friday, in response to inquiries from the Journal, Orman and her newsletter partner, Mark Grimaldi, sent out an alert to their subscribers, correcting the 2009 returns for the Standard & Poor’s 500-stock index, which they called a “typographical error.” However, they didn’t correct the other annual returns in the table, none of which match the official returns for those years as reported by S&P.
Will the newsletter still sell without the promotional boost of reporting what Orman has called “stellar results that consistently outperform the market”?
A spokeswoman for Orman declined to say why or when the table of returns was pulled from Orman’s website.
Source: WSJ.com, Total Return blog
http://blogs.wsj.com/totalreturn/2012/01/23/suze-orman-zaps-newsletter-returns/