tip sheets

[parker1other]

Do any of you subsribe to tip sheets such as fat prophets etc ? if so how helpfull have they been to your trading/investing decisions of late ?

please redirect me if this is not a new thread.

[Steve]

Do any of you subsribe to tip sheets such as fat prophets etc ? if so how helpfull have they been to your trading/investing decisions of late ?

please redirect me if this is not a new thread.

Do your own research and learn from your mistakes, then you have nobody to blame but yourself... :)

[Tok3n]

Tip sheets work during bull markets and fail during bear ones :)

Best to DIY for the long term as well.

[Hommel]

I subscribe to Market Analysis and International Investor from James Cornell at Securities Research. I do not follow his recommendations totally but a friend who had has made alot of money over the last 5-6 years does. I use it as ONE of my company info sources along with broker reports from ABN Amro Craigs and Intersuisse in Australia. I am also trying out David McEwen's newsletter for a year (from IRG) but I don't think I will renew. As long as the newletter / tip sheet makes enough to pay for itself than I am happy - and Market Analysis certainly has helped me.

[contrarianinvestor]

The moment a share appear as a 'buy' in a tipsheet, all subscribers compete in a buying frenzy bidding the share price so high that it's probably not good long term value anymore. There is no easy road to riches. If you follow the crowd (i.e. tipsheet recommendations) then you are bound to get burned. Read as many share investment books as you can, do your own research and buy into companies before everyone else discovers it.

[ELYOB]

I subscribe to one sh!t .....

I notice 1/10 recommendations of worthiness, and generally decide on my own krap.

Been trading successfully for years , and win when I do my own judgements. Forget the krap promotors and you will get ahead .

Generally , specialise in an area , and your research will be superior to the krap sh!ts.

My specialty is Oil and Gas , and over 15 years I know far more than they will ever .

[Hommel]

I have found that companies recommended in Market Analysis can usually be bought cheaper down the track a few weeks or months after they have been recommended. Usually when a new share is recommended in the newsletter the price spikes that day but if you wait it often settles back down in a few weeks. James Cornell must have a large subscriber base. I certainly don't follow every tip but use it as a starting point for further research.

[POSSUM THE CAT]

Do a Google search on Renee Rivkin and his tip sheet

[shasta]

Do a Google search on Renee Rivkin and his tip sheet

I selected over a 3 month timeframe from the AFR Smart Investor the 10 companies that best fit my criteria for growth/value from each issue.

I set up a watchlist for each & assumed $10,000 had been invested into each stock. (paper investing/trading)

What i found was that each month excluding dividends the average capital loss was in between 10 - 15%.

Clearly they are trying to steer mum & dad investors into the very stocks the professionals are selling out of!

A closer look at the charts indicates a reasonable run in most of the companies in the preceding months!

Another observation was that more than half had rather pricey PE's & many would be hard to justify in this bear market.

Remembering i had "filtered" these companies to select those either undervalued, with low forward PE's (based on the aspect huntley data), or with good growth prospects.

Now my filtering system isnt perfect, but the conclusion i got was that, the bulk of any gains had already been made, BEFORE they tipped them.

Tip sheets & the like, only serve one purpose & thats not to increase your bank balance, but theres!

No wonder there are so many "free" ones around, they arent worth reading lead alone buying!

As always DYOR!

[ratkin]

There have been studies undertaken on shares magazine (smart investor).
Stocks featured in an issue outperform the market for the next eight weeks.
Think that was one of Guppys little trading systems.