|
Advisory / Advisories
The vast
majority of the publisher's that pick stocks do all the fundamental
and/or technical analysis themselves. Quite a few have an
experienced staff of professionals who do all the research
in-house. Many have a very good track record of picking stocks
that increase in value.
Note! Even though many advisors have good track records, they
can and
do make mistakes. Always pick the advisor with the best percentage
of
winners versus losers. You pick a stock-picker just like you
pick a stock.
You want an alert service that fits your trading style and
comfort level.
Just because your advisor has a good track record does not
mean that
you can sit on your rear-end and not worry about anything.
You still need
to do your own fundamental and/or technical analysis. This
is back-up work that you do for yourself. You can never know
too much!
This is where having access to all those information providers
really pays
off. Keep in mind that many newsletter advisors spend much
of their time
visiting the very companies that they recommend. Many times,
they'll
come away with good or bad information, that no-one else picked
up on.
When you pay for an alert service, you're not just paying
for a piece of
paper to show up in your e-mail box. You're paying for the
research and all the time spent by that advisor trying to
ferret out what's really going on behind the scenes of the
company's public image.
Companies will tell you what you want to hear just like people
will. Those
annual and quarterly report's can be sugar coated from A to
Z. Things
might look real sweet on the outside, while a big case of
the cramps waits
on the inside. This is why it pays to follow-up with your
own research.
Alert services that have a good record got it by doing good
research, not by being lucky. It's easy to see how having
one good newsletter with a good track record can be a real
plus in your investment strategy. A quality alert service
can save you the time and energy required to find a bargain.
Again, don't get lazy! You can find good stocks yourself using
software programs that will search out stocks that meet all
the requirements that you program into it. You tell your software
what kind of stock you want, and it will look for every stock
that fits the profile.
|
|