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Thursday, March 27, 2008
Are investment newsletters worth the cost?
Money Magazine's undercover financial planner "Ask the Mole" recently wrote: Are investment newsletters worth $300? The short answer is a big NO, but I will let him explain:
This is an easy one. You'd be much better off just throwing the money in the nearest dumpster than buying these newsletters and risking a big chunk of your nest egg in following the newsletters' advice.
His suggestion for investment advice? Buy the whole market at the lowest costs and greatest tax efficiency, then do nothing.
posted by Boston Gal @ 11:28 AM  * *

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1 Comments:
  • At 11:58 AM, March 27, 2008, Anonymous Anonymous said…

    If you go to readmetro.com and find the issue for 3.24.08 on page 17 there's an article about the same thing. In that article it says, that there's a newsletter put out by a psychic that gets it right more than the other newsletters. I thought that was very interesting...

    emily c.

     
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Name:Boston Gal
Location:Boston, Massachusetts
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Current: $559,984.66
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