Thread: Best success with newsletters

I read Don Hayes, Don Wollanchuck, Richard Band, Elaine Garazarelli when I can find their published work. I don't need to subscribe. And for those not aware here is my holy grail. The wealthier you are, the more you will be able to focus on making long-term investments and withstand short-term shocks in the equity markets. White owned his own holy grail.

Originally Posted by Birchtree

I read Don Hayes, Don Wollanchuck, Richard Band, Elaine Garazarelli when I can find their published work. I don't need to subscribe. And for those not aware here is my holy grail. The wealthier you are, the more you will be able to focus on making long-term investments and withstand short-term shocks in the equity markets. White owned his own holy grail.

Maybe I need to spell it out or perhaps I wasn't clear Birchtree. The long term investments (White's - my father) are where they should be - growing which fortunately I have the ability and assistance to handle and are now under my control - caymanbrac12. I'm just talking about short term trading accounts, swing accounts, etc - my own trading money. Not money that will hurt me one way or the other whatever the market does. And I have never seen a market Don Hayes didn't like. My father knew him after his stint with Wheat First Securities in Richmond, Va. And Elaine didn't do so hot after her 1987 call - Shearson Lehman canned her after not such great calls but hey it was just a question tossed out there.

Let's face it. Most newletter publishers are in the business of making money by selling newletters. Common sense tells us if they really had a secret formula to make money in the market they probably wouldn't need to publish a newletter for a FEE of course because they wouldn't have to publish at all.

No offense to you Birchtree but you could really tone down the offense remarks and backhanded comparative references to my father relative to myself. For some reason he liked you but hey to each his own. Braggart's who are constantly telling you I made 40k today and 60k yesterday are usually full of it and more often than not don't have anywhere near what they say they have but if you do that's great for you. People that have it in the bank don't have to brag about it - really it just sounds like a compensation issue. JMHO but I still wish you the best of luck.

THX

Caymanbrac12,

Well I tried. You can find my portfolio listed in the short term thread. I put it out there so others would have some insight as to how a portfolio can be managed. Nothing braggadocio just the facts. Senior White always had his reasons. See you around town.

How could I be so silly as to forget Bob Brinker and his newsletter.

You're better off playing the game off the knowledge of other 'avenues' unless you've got the money to burn. Most of those newsletters will do nothing more but put a dent in any profits. While we've got gunslingers here complaining about TSP's fees, a year of Garzarelli's newsletters are going to cost ~$1K. Forget about it.

I do read some newsletters, but only when I find them on the free. I have yet to find a favorite author, however, I usually read them and laugh because most of the time their market sentiment is 'Neutral'. Just what we need, a few more Switzerland's and Canada's around. Their favorite term is 'trade on the side of caution,' but when big moves occur, they all claim to have called it.

Originally Posted by Bullitt

You're better off playing the game off the knowledge of other 'avenues' unless you've got the money to burn. Most of those newsletters will do nothing more but put a dent in any profits. While we've got gunslingers here complaining about TSP's fees, a year of Garzarelli's newsletters are going to cost ~$1K. Forget about it.

I do read some newsletters, but only when I find them on the free. I have yet to find a favorite author, however, I usually read them and laugh because most of the time their market sentiment is 'Neutral'. Just what we need, a few more Switzerland's and Canada's around. Their favorite term is 'trade on the side of caution,' but when big moves occur, they all claim to have called it.

We think alike on this. The question was more sarcastic than not because I haven't seen alot of consistent money making newletters after the costs just like high12b-1 fees and front, back and however much funds can charge you for there so called expertise. Just wanted to see if anyone has ever had any success with the newletters. I've personally been most successful just doing my homework - I feel like at times I'm back in school but this isn't monopoly money so I have a tendency to pay a little more attention. LOL

But Hey, if you back out the costs and it outperforms year in and year out I'm there.

Another thing. The prices of that the 'rainmakers' charge for their newsletters are high because they have to somehow make up for all the free ones they give away to their pals at Goldman, Bear, and Merrill.