11/11/2023 0 Comments Financial digestHope springs eternal, I guess.įortunately, there’s an objective source of reliable information with which to judge investment newsletters. Still, investors pour millions of dollars into newsletter subscriptions every year. Even if everything in a newsletter is hogwash, it’s legal. Mutual funds are heavily regulated in what they can say and promise, while investment newsletters are protected by the First Amendment to the Constitution. This is an extremely easy way to get rid of an inconveniently lousy track record. If you are publishing a newsletter and your recommendations flop, you can just eliminate that portfolio and start fresh. You can claim almost anything you want to as long as you aren’t actually being paid to manage money. The key to success is to have a period of successful predictions that can be promoted as if it’s a sign that the publisher has talent, insight and an accurate handle on future performance.ĭespite their slick appearance, many investment newsletters are run from home. Literally anybody can start and publish an investment newsletter. But the money comes from selling the newsletters, not from taking the advice. There’s a lot of money to be made from financial newsletters that give investment advice. ![]() The Merriman Financial Education Foundation.How to buy 10 years of retirement for $3,650.Help your teenager turn $500 into nearly $2 million.How $10,000 will help my newborn granddaughter have a better retirement. ![]() Merriman Lifetime Investment Calculator.
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