Hi all,
Just curious whether anyone else has subscribed to this before and whether anyone has any inout on the topic?
Is The Motley Fool Share Advisor Service Worth It?
LemonShapedRock on 28/12/2018 - 21:51
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no
Done, end of thread.
Thanks :)
If the are that good then why not just trade shares themselves instead of selling advices….
I guess insurance if they're ever wrong haha
I heard of one stock picking/Advice company who would make one stock pick every month. Their way of attracting paying customers were quite easy.
They would randomly mail 20,000 email addresses with a stock price movement news. Half with recommendation that price will go up and the remaining half a recommendation of price going down. Next month, depending on how the stock actually performed, they would drop the group with the incorrect recommendation and send remaining 10,000 email addresses another stock pick with expected price movement. Similarly 5000 would now get the news with price going up and remaining 5000 with price going down.
By month 4 or 5, there would be atleast 1250 or 625 people who have always received the right stock price tip.
These email addresses are now targetted for a paid annual subscription of $200 - $500. Given that they have always received the right stock tip, they have a higher chance of believing the stock picking capability of this company. Even if only 5% of the target group converted into paid subscribers they now had 30-50 people paying a subscription fee for a year.
Now lets rinse repeat this formula every month with a different set of email addresses and you have a steady stream of income with no obligation to do anything different than saying that the stock may either go up or down.The story, all names & characters portrayed above are fictitious. No identification with companies, products & their stock picking capabilities is intended or should be inferred.
I see you've read "How long is a piece of string" as well?
https://ibb.co/cQ2PT9D
https://ibb.co/Y8NX9Ds
https://ibb.co/B60V6Mv
Where is the $1? Can you pls picture the answer too :)
It's badly worded for a reason. That is the con. How it should have been written was…
$30 - $25 = $5
$25 for the meal + $2 for waiter = $27
$30 - $27 = $3
$3 / 3, each took $1
This is a reverse count scam/con. Similar to the basic kids con with you having 11 fingers. Count one hand backwards from 10 on one hand till you get to 6. Then ask them to add the 5 fingers from the other hand to the 6 you counted down to before, and bingo… 11 fingers!
Derren Brown should do a special on this technique.
That was enlightening. I had only read an article about this scam previously. Watching the documentary has just reinforced the message, If it is too good to be true, it probably is. but whats funnier is how much of our perceptions are driven by our own experiences, making it both biased and highly subjective.
I use it. I’m a seasoned investor with 6+ years of experience. I don’t buy everything they recommend, but they do uncover interesting companies and I buy them from time to time. All of their record are all public and they keep their track record on a spreadsheet that’s available for all members to see.
I’m not saying it’ll make you rich, but it’s a pretty decent service for the price.
If you're looking at advisor services, I would suggest even trying StocksInValue - https://www.clime.com.au/stocksinvalue/ There's a free 30 day trial.
I always found it more interesting and more useful than Motley Fool, although I am more a fundamental/Ben Graham type investor.
Probably no point dabbling in stocks in the next few months. You would not want to catch a falling knife.
Call the recent rally what you want, but it is no bulletproof signal that this is indeed the turnaround point.
If you have no experience, you would be better waiting for a market consolidation and then just buy the index…
EDIT: Not a financial advice obviously, just a mumble from unqualified professional. Please seek professional advice if you need them.
Stay away from hype and find your own method to execute the madness. Use share recommendations as a pointer perhaps but use your judgement on timing. Focus more on macro economic factors, future industry trends and research on the companies that piqued your interest. Don't invest unless you have fair bit of an idea about the industry and the competition. Don't buy a share if you think the optimum price point to buy was in the past no matter what. Diversification of your portfolio is extremely important but keep it to a manageable number. Most people are better off with ETF/LIC'S and from that perspective don't go on a share buying spree until you kind of know what you are doing. Note: I don't do short term investments intentionally but I offload shares if I think I made an error in my judgement sometimes at a loss.
I listen to the motley fool podcasts, and receive their emails.
I remember it was brexit, where they sent an email saying “BUY NOW!!!” on all stocks, with an emphasis on a particular stock. I’ve never seen such a bold claim sent to potential investors.
It dropped 30%.
They sent an email a day later saying “well, we got that wrong”.That summed it up for me.
I do have a paid subscription to the barefoot investor, but I am going to cancel it this year, as it is just as hopeless.
There isn’t the magic formula you are after. No one says “buy this, as it will rise 30% next week”.
It’s all (as someone said earlier), a flip of the coin.
I’ve made the most from following my own observations.
Seedyrom I was going to sign up to barefoot investor myself. Can you help me out and tell me why you find this not worthwhile? Or, have you learnt Scott's tricks and methods and don't need to follow any further? Thanks in advance.
For all the chest beating about how good he is, the return just hasn’t been what I was expecting.
I was expecting hot tips. Instead ive followed him and backed Telstra, some banks, and my portfolio (about $180k) has done nothing (except go backwards) for two years.Thanks for your reply seedyrom. Yeah I was expecting more hot tips than telstra and banks myself too. I thought he had the ear on the ground and would share some high growth tips. Wonder over the long term if he even beats the market. I may be better following eft's than wasting bucks on a subscription. 👍
The best advice you will ever get for investing in stocks is to buy stocks like you are buying into a business. Be a real investor. Only buy what you feel connected to. For some it will be bank stocks, others tech stocks. If I was a doctor I'd probably buy pharma and medical stocks. Being connected in some way makes it more meaningful and probably more likely for profits.
Only buy what you understand, otherwise buy an index fund.
Yep
ETFs seem to be the way to go.
From the fool podcast they recommended
Asx 300 asx:vas etf 30%
Asia etf asx:Asia - 30%
Nasdaq etf asx:ndq rest 40%This provides access to the us market eg Apple Facebook etc as well as big Asian companies and some ASX 300 for Australian miners and banking shares.
To me this seems a well rounded portfolio. You could take it further and replace asx 300 with an asx 300 non banks/miners etf if you don’t like them.
Not financial advice but shows your simple things can be.
No, they told people to buy RFG shares when RFG was $4. They're about 40c last time I checked.
But seriously, not worth the data to load their website. Just spammy clickbait articles which don't hold much substance.
What I'm about to say goes against the grain of most peoples views.
A friend of mine subscribed to their professional service a number of years ago. He's followed most of their recommendations and done really well.
Just to be clear, this is the service that involves Motley purchasing a stake 2 days after making the recommendation to their clients.
It is about as accurate as flipping a coin. So NO.