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How many different research services do you use before making a trade decision?

Answers

thinker70 answered a question in General Market.
731 points

thinker70 answered 9 months ago …

The ideal would depend on many personal circumstances, such as areas of interest, time available, size of portfolio etc. for starters. Personally I have over subscribed and find it impossible to read and research all the picks adequately let alone deal with the bombardment of E-mails the various services send out virtually daily trying to sell upgrades to a more expensive service, with each one sounding better than the last.

After 5 years of investing experience I believe I would do just as well using only FREE websites and doing my own research. There is a huge danger of "information overload" and frustration over conflicting information if you subscribe to too many newsletters. Check Hurlbuts for highest rating and then select 2 or at most 3 specializing in your main areas of interest would be y advice. In my experience the more expensive services are not necessarily that much better than the lower priced ones unless you are already wealthy and a more sophisticated investor willing to take greater risks etc.

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BoxCar answered a question in General Market.
678 points

BoxCar answered 9 months ago …

Be Prepared is best advice, use your own intuitive judgement and read valid sources
like Scientific American or Popular Science to draw your OWN conclusions about life.

Google Scientific American Mar 1998 for "The End of Cheap Oil" to understand OIL
Look around- realize Fuel isn't the only thing we use oil for- ever hear of PLASTIC?
Do www.dieoff.com to know our way of life will only last 100 years (1930 to 2030)

Google "The Solar Mortality Theory" for scientific basis of present global economic meltdown, root causes and why the solution will be a compleat change in morals.
(Discovered in 1993, it predicted economic collapse to begin precisely @2007.5
when absolutely NO ONE in main stream media had a CLUE of what was to come)
Point is, you have to rely on yourself dig out the truth. Most media is just Hoopla'

Best investments I've made were from recognizing facts of life before events unfold.
Bought $500 of Harley when Oct'87 stock market crashed. Sold it at 100th ann. in
2003 for $50.000. There were NO financial wizards telling me this. Figured it out
when I saw a 1984 EVO rubber glide wherein everything wrong had been fixed and
knew a huge market of Jap bike riders were aging and Harley was the Woofer.

The 1998 Sc.Am. article on Cheap Oil convinced me to switch ALL of my retirement
into Fidelity and Vanguard energy stocks when all the pundits were promoting the
dot com and tech stock BUBBLE. Did energy do well or did tech stks do well? It
came from realizing most of economy is HOOPLA', look at failed businesses now.
OIl will be OK because it is economy's life blood. Sc.Am. says nuclear energy will
power the future. Why? Its the only EFFICIENT source of alternative energy, all else
pales. We are literally living on borrowed time, the time it took to store solar energy
in fossile fuels & our foodstuff comes from fertilizer made from Natural Gas that is
combined with air to create ammonium nitrates by Haber chemical process.
Common sense says conserve Natural Gas or we'll all starve to death without it.
Guess T.Boon Pickens either has no common sense or he has another agenda.
Most of what you read/hear you have to take as propaganda, like Obama's agenda
What I see is another Carter, still have same people running show, not much change

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readytoretire answered a question in General Market.
2222 points

readytoretire answered 9 months ago …

I typically read the companies own reports, quarterly, conference call, etc. I also listen to Cramer, but I am not one of those who place a buy as soon as he mentions the stock. I get numerous newsletters, but on reflection, I use them for ideas and hints, and my own research for actual decisions.

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