Can anyone recommend an investment company advice on stocks and the like?

Question

There's a service that charges over $1000 for their stock tips as well as one at $150 per month. Anyone have any luck? Thank you.

Answer 1

You don't need investment advice if you're willing to do the work yourself. You'd just need an online broker. I recommend getting "One up on Wall Street" by Peter Lynch. He's the celebrated billionaire who ran some of the Fidelity funds for years. He shows how anyone can pick good stocks. This is no hype! Just good advice from someone who's been there and made his pile. He's not selling anything but his book. His was the first book I got when I started investing, and it helped to make me a millionaire.

Answer 2

IMO most(if not all) services are not worth it. You should learn yourself about the investments where you put your money, then do the research yourself and make your own decisions. Then you have nobody but yourself to blame if you hit it big or if you take a loss. Education is the key. Most professional money managers can't even beat the returns on SP500 index.

Answer 3

there are hundreds, if not thousands, of such services.

until you understand how to evaluate a stock trading system, AND are sure you're getting full information on past advice from any potential vendor in this area -- I suggest steering clear of all of them.

It is way too easy to tout a successful short term record that has no ability to make successful longer range predictions, or successful predictions in different market circumstances.


Btw, different market circumstances seem to have taken hold here in the past month.

Answer 4

You need to study and research stocks yourself. Those companies aren't worth it. A good alternative is index funds.

Answer 5

I would say just put your money in a INDEX MUTUAL FUND at www.vanguard.com

Lowest fees and best value. You can't beat that.