Investment advisory newsletters; are they useful?

A Monday Morning Millionaire Program member recently stated: “I have been a subscriber to the Motley Fool to for over 20 years, and have profited from their suggestions.”  That comment prompted today’s blog. Objectively, the Motley Fool record is not nearly as good as their marketing department would have us believe, understandably and true of most marketed goods and services. The highly regarded Hulbert Financial Digest   placed the Motley Fool in the number 3 spot out of some 200 newsletters.  The Motley Fool does employ about 300 people so, yes, they are a successful organization from a corporate perspective.

How successul are their followers?

The point-form elevator pitch which follows is all you need to read to get the message. For details, read the entire blog.

Elevator Pitch