Do investment newsletters really help you?
November 30th, 2008 posted by
admin
jveryrad asked: Do you think you’ve made more money by following investment newsletters as compared to buying and holding some good mutual funds?
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Mackdaddy4_U says:
December 3rd, 2008 at 11:14 am
Newsletters are a joke….
It would be a lot better if your the only one recieving them..lol…..but…90% of them already own the stock they are going to mention tomorrow, therefore when they send it out, the price goes up and they sell at a high and take crazy profits, and your stuck holding a stock that is going to come back down and it doesnt even belong in the “new price range”
pjphilly0505 says:
December 5th, 2008 at 1:41 am
yes. i love them
dredude52 says:
December 7th, 2008 at 10:07 am
You have to watch them awhile and decide for yourself.
Find comparison articles in magazines and trade journals.
wilsonsdad2003 says:
December 10th, 2008 at 5:01 pm
Investment newsletters help only the people that are selling them for a ridiculous price. buy your self a mutual fund or two.
alnjk says:
December 12th, 2008 at 1:28 am
The trick is to find one that makes better guesses.
Joe says:
December 13th, 2008 at 7:01 am
If you go to the horse races, they will sell “tip sheets” on what horse to bet on. Most of the investment newsletters I have seen seem to be of a quality similar to these tip sheets. They are not scientifically based, and are full of financial mumbo-jumbo. However, with the sheer number of newsletters out there, by luck alone, some will do well. I will admit, there may be some out there that are well put together, but I have not seen one yet. I suggest you buy yourself a mutual fund at Vanguard.com or Fidelity and ignore the newsletter.