From what I gather TMF often offers 60% deals but as this is a 70% deal!
From their website:
If you're not completely thrilled with everything you see from us within your first 30 days, you'll receive a FULL REFUND of your membership free. No questions asked!
To get started, click here or scroll down to choose your subscription term and fill out your details below. As an added bonus, a subscription to Motley Fool Share Advisor is likely tax deductible!
Thanks came here for this.
thanks, been wondering about this
They're pretty famous for their very stupid Foolish Four strategy which, when put into action, resulted in losses pretty much across the board. They're full of stuff like that, that's just one that got really famous. They're like the Women's Day level of journalism/expertise.
Can second this. Thus neg vote.
Have never subscribed, but got their free emails for a while and agree with above. I thought they were rubbish and were just pushing subscriptions.
I came here to Negative vote these scammers
Total rubbish, you'd be a fool to read their speculations
chobani4lyf, have you had positive experiences, or just post as it's "70%" off?
Makes you wonder why users + votes these.. Sachy, care to comment?
They shoot out a tonne of recommendations regularly, definitely not all of them are great and you will yourself at a loss if just you just blindly follow all their picks.
I've always been cynical and have done my own research on top and have found them a good place to narrow in on some potential buys.
You pay to find potential buys…?
It's free at Aussie stock forums.
Not sure about the Share advisor service, but for anyone interested, I took one of their other services for a test ride in Jan this year.
That was the Motley Fool Pro service which I think they open up once a year. Paid about $4k for 3 yr subscription (CRAZY i know, but it came with a 3 month money back period).
This service was headed up buy Joe Mayger who moved here from the US motley fool team. From my experience, overall I would have to say the service is decent and you can make use of them by also adding in your own research and using some technical analysis like I did to pick a good time to get into a stock.
The Good: Frequent updates provided by the team, nice forum with some quality discussions, private interviews with CEO's of some of the companies they own, they also had some nicely performing picks in the portfolio (best was Bellamy's which they suggested buying at $2 or $3). Can say I made a few grand off a couple of their other picks (Bapcor, Class super and Wisetech) so was good to see some of their picks being new listings with little broker coverage.
The Bad: When they change their mind on a stock and recommend a sell, all members tries to sell the next day and price tanks (Infomedia was a good example - dropped like 10-15% the next day), also the price OBVIOUSLY! These were the deal breaker for me as I couldn't justify it unless I had like a $100k + portfolio.
So, in the end got my money fully refunded after the 3 months. Nice thing was they literally asked no questions and processed the refund within a day or 2 which was surprising given their in your face email promotion methods.
Interesting with the stocks you mentioned, they are all recent IPO's. I wonder how they pick their stocks. Do they use screening tool or they are just "dartboard" predictions.
Joe is moving on to become the CIO of Lakehouse Capital. He seems to be one of the better analysts there. I wouldn't pay for the service as it's astronomically expensive for what seems to be quite ordinary analysis.
That's interesting, so he's leaving Motley all together is he? But you're right about Joe. I think he's a smart guy and gained a fair bit of respect for his opinions.
Given they got onto Bellamy's really early, I think their Pro portfolio was performing extremely well on a combined annual return basis, but I doubt they could consistently replicate this over time. In terms of analysis of picks, from what I gather it is all research and fundamentals that they are looking at. Going out and meeting management and even travelling to China, which was the case prior to investing in Bellamy's.
Yep, the cost of the service is high indeed, and would seem even more ridiculous if they had a bunch of dud picks in any given year. Also, the fact that the subscriber base keeps increasing means that group buying (and selling) will get more and more extravagant and have a bigger impact on prices on the day of a buy or sell recommendation. Will be interesting to see how they go over time, but yeah, the Pro service could be helpful but probably only if someone has a sizeable portfolio where the cost of the service ends up being maybe 1 or 2% of the entire portfolio.
https://www.lakehousecapital.com.au/ is a Fund Manager owned by TMF. Not sure if Joe will continue to do analysis for TMF subscribers.
I also have decided not to renew my subscription. Regarding the price tank in The Bad, this is common to most advisor services. At least you are not left behind in deeper shit later on.
TBH, They pretty good for $149/year. However, You will still have to do your own research based on their recommendations.
Just my 2 cents.
I have both their US/AU services
Pretty sure they were offering the service for $89 back in June/July
In b4 the flaming starts. A few mates decided to share an account. Worse analysis ever. No real analytics, just opinions that you can get from anywhere without numbers or detailed figures and evidence. By the time fool advises a share, the market has already smashed the price a day prior.