Investment Newsletters

There are lots of people out there writing daily, weekly and monthly stock market newsletters. Have you ever wondered if you can make BIG Money following their recommendations?

The truth is you can and people do but as always it requires work on your behalf.

The fact is no person can consistently call the market!

Everyone, professionals and amateurs alike go through hot spells and cold spells. The same is true for investment newsletter writers.

There is a service which tracks the performance of thousands upon thousands of newsletter writers. It’s called Hulbert Financial Digest. The fact is it’s just as hard to pick the next winning investment newsletter as it is to pick the next winning stock.

So what do you do?

The first thing you want to do is to find an Investment Newsletter that you actually ENJOY reading. If you are going to follow someone you should make it a long term decision and if you’re going to be with them for a while you MUST enjoy their style of writing.

Next and probably just as important is their investment style. Does it match with yours? When it comes to investing, every person is built differently. Some like to buy stocks that are Popular. Others like to buy out of favour stocks. And still others don’t even want stocks and prefer Bonds. No newsletter will tell you what your style is. You’ve got to figure that out yourself. It’s not that difficult. But does require you to take a hard look at yourself and come to terms with how much risk you are willing to bear.

Once you’ve got those 2 sorted you are ready to tick off from the following list:

* Does the writer have a Consistent approach? You want your newsletter writer to stick with their stated investment style through thick and thin.
* Does the investment newsletter have a history? There are some very well known investment newsletters that have been around since the 1950s. These are the Guru’s of today e.g. Richard Russell’s Dowtheoryletters or James Dines The Dines Report.
* Does the newsletter make some gutsy calls? You want someone who is willing to look at investments others are neglecting – Stock Market veterans all agree that buying what others don’t want is the only way to make big money in the market.
* Strength of Character! Someone who can be wrong but will stick by their convictions is hard to find but that’s what it takes in the stock market.
* When it comes to investment newsletters, sometimes smaller is better. Large newsletter writers have a tendency to move the market before all their subscribers are able to follow their recommendations.
* Experience and qualifications are important factors but bear in mind nobody can consistently FORECAST the future.

In summary, an investment newsletter should be fun to read, thought provoking and logical. If it has those ingredients than you are more likely to profit from it. The beauty is most investment newsletters offer FREE 2 week trials so you can really shop around before you decide to spend some cash.