WhiskeyPapa

Anyone ever heard of this guy? He is on the radio and has a newsletter in which he tells readers exactly what mutual funds to buy and sell, and when. His track record looks pretty stellar, including telling readers to move completely out of stocks and into bonds in March 2000.

His newsletter is spendy, $185 per year. But if the info is good, the price might be worth it.

Chgoman

Much like Bob Barker, he tells you when the price is right?

Actually, never her of him. There are so many newsletters and 'gurus' out there..

zippyjuan

Very few newsletters are worth the money. Just get a Wall Street Journal subscription if you want something to read. They will trumpet any success they may have (but was that prediction made before or after the fact?) but never say how often they were wrong. A lot of "newsletter" guys make their money from the letters- not their investment skills. If you do not trust yourself in investment decisions, try a no-load, low fee mutual fund like Vanguard or Fidelity. Their index funds match the market or market segments at very low cost. Less than half of managers can beat the indexes so why not be above average? You won't make a "killing" but you probably won't be killed either. Anything that promises a quick, high return can also lead to a quick bust and loss of principal. Investment should be for the long term.

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WhiskeyPapa

Thanks zj. I do have a few Vanguard funds, including quite a bit in their S&P 500 index fund, and while they do perform alright, I tend to get anxious on the "action" I could be seeing... I'm not looking for a quick return, I'd just like to earn more than the typical 10-12% in the long term.

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