The short answer is maybe you shouldn't. The purpose of the Confident Trader investment guide is to develop self-reliance and independence so that in a handful of years you can do as good a job, or better, than 85% of the newsletter publishers, mutual fund managers or financial advisers who you would otherwise pay to do it for you. The act of learning requires work, which requires time, which requires patience. If this isn't your "cup of tea", that's o.k. You're right, there are hundreds of newsletter editors who would love to have your business. With the others, all you need to learn is how to follow two simple commands; Buy and Sell. Between the two you simply hope that they know what they are doing. Good Luck. That said, here are several good reasons why you should become a Confident Trader.
Trust but Verify
While I will rarely renew a subscription, I do subscribe to a handful of stock market newsletters each year. I do this for two reasons. 1.) Investing in securities is a never-ending educational process and I am always eager to encounter new perspectives, insights, and tactics which I can incorporate into my own methodology. 2.) I like to think of myself as an astute business-person and as such endeavor to stay current, to be aware of what others in the financial newsletter business are up to. I would never, nor should you ever, buy a stock solely on the recommendation of others.
So, I do my own due diligence on every recommended pick. I find that stock market newsletter editors stock picks fall into three categories.
1.) Good choice.
2.) Great company, lousy stock. (Might be a buy in the future but not now.)
3.) What was this person thinking?
If you don't know how to do a competent, basic, fundamental analysis, psycho-fundamental analysis, and technical analysis you have no business buying any stock. To do so is to go looking for trouble. In the stock market trouble has a tendency to find you often enough without your going looking for it. Confident Trader subscribers learn how to competently analyze stocks because they have a competent guide.
We Respect Your Privacy
Two of the current "Hot Concepts" in internet marketing are reciprocal marketing arrangements and joint venture marketing agreements. I have learned through rueful experience that many stock market newsletter publishers are not content to simply receive your subscription fee. They will make their subscriber list available to other marketing organizations and newsletter publishers for a fee or a piece of the action. The result is that both your snail mail and e-mail boxes start filling up with solicitations for everything under the sun. Our stock market coaching service does quite well enough without resorting to tactics like this. We do not, nor will we ever release your identity for any reason short of a subpoena
We Respect Your Time
For many, one of the challenges in publishing a stock market newsletter stems from the fact that usually only a handful or so of "picks" are issued each year. This means that most editors only have a good reason to communicate with their subscribers once every four or five weeks at best. This presents a problem, because without regular contact, people tend to forget about you, and that makes getting the all important subscription renewal difficult.
The popular solution is to add features to enhance the "perceived" value of the publication and provide a reason to stay "connected" with the subscriber. Not infrequently this takes the form of a "daily market update to keep you in touch with what's going on" Of course most days nothing at all worth noting is going on, but to "add value" they'll tell you that in a two or three page e-mail. Another common value added feature is a "bi-weekly insightful article from one of our vast network of industry insiders." The subject line is of course unfailingly compelling. After reading for six pages it becomes clear that it is a sales pitch for somebody else's newsletter. Or worse, "Because you are a subscriber to the august Princeton Insight Stock Letter" (if there is such a thing I apologize, I thought I was just making up a name to illustrate a point.) this special research report, describing how you could profit as much as 3289%in the next sixteen months on a little known Indonesian gumball manufacturer, normally $129 can be yours, today only, for just $79. Good Grief! If we are going to presume anything, it will be that your time is important and not to be squandered. If we have something to say we'll say it. If there is something you need to be aware of we'll let you know. We will not clutter up your mailbox and waste your time just to give the "perception" of value.
"The key in life is to figure out who to be the batboy for".
Warren Buffett
