I think more people should read books about the psychology of investing which teaches how to control your temperament before committing your hard earned to the market, if you are looking for short term gains and want to pay alot for your investment advice and underperform the market then motley fool is not for you, pay close attention to the stockbroker updates and join one of their overpriced convoluted business models. If you have a long term outlook and can hold your nerve in a downturn and keep buying when others are selling and want value for money and want to outperform the index then have a look, otherwise troll the forums to vent your frustration because you failed to construct your portfolio correctly and committed too much to higher risk growth stocks and then can’t hold your nerve during a short term sell off.
@Dana2801
“I cancelled my sub after the 12 mths were up.. if as much correspondence and effort was put into updating and educating paying members compared to the daily emails I get as a non-subscriber, trying to get me to re-join with teaser information, I probably wouldnt have let mine lapse.
Also completely unimpressed with the 'best buys'... 90% of the time they are re-hash's of earlier recommendations”
This is how their business model works, its called advertising, most businesses use advertising in one form or another – It is based around the award winning outperforming USA business model and is implemented this way to attract new members so their business grows so they can make a profit and pay their staff who work in finance and attract new high profile talent, also as to avoid having to use paid external advertising throughout their services which would cause a conflict of interest. You should try using a filter and ignore advertising in life if it frustrates you this much to the point that you won’t use a good product because of it. Either way if they used paid advertising and pop ups you would complain on hotcopper nonetheless. Do you use facebook? Advertising 24/7 - great product.
Also best buys are supposed to be rehashes that is the point of the update and the point is to keep buying the best businesses with the best recent updates/price/long term outlook ratio not buying another business for the sake of buying something new.
@crush75
G8 has returned 7% return if you bought when recommended which in 2 years is in line with the index, this is not along term performance indicator but a short term indication of where the market has decided to price G8 for now. If you bought at a higher price you are sitting on a short term loss only if you sell but if you look back in 5-10 years and have not outperformed from even a higher price then you have a point to make or at least it can be one of the few stocks you would have bought with a modest allocation which has underperformed and on average you still should have done well.
@biggeboat
“Some people have bagged me for my decision saying they beat the market etc.”
This is not a playground, no one has bagged you for your decision its just when you badmouth an outperforming service you lose integrity and others are correcting you for doing so, make your own decisions good for you im happy with my decision to use motely fool and am making good money doing so, was merely making this point to counter your opinions.
There are other services out there which have underperformed, you have no way of tracking performance and cost alot more, some have management fees as a percentage regardless of performance form year to year – good luck to all choosing a service
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