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tax_e_vasion | Can I trust fool.com? |
The site says that it gives good advice on investments. I just want to know if that is real, I'm getting a little bit cautious after encountering freelotto.com. Thanks! |
 |
 
muncie birder
 |
It gives advice on investments. "Good" is a relative term. You may or may not think it is good. I will credit them this. They do try to give good advice. Some of their recommendations are for risk takers though and have not done too well.
The CAPS portion of their site is full of free information about what investors think are good investments. |
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strath
 |
A decade or more ago, when fool.com was new and the Gardner brothers wrote much of the material themselves, the website was a small jewel. Practical. Humorous. Lots of common sense. Whimsical. The site visitor would learn a little, laugh a little, lthen learn a little more. There was terrific wisdom in the fool's school and the 12 steps - or was it 10 steps? - to "foolish investing,", which in fact was an extremely smart approach.
I even remember looking in the Nasdaq for quotations on their stock, which they blandly stated had just started trading under some symbol like FLSH. Never found anything. Eventually it dawned on me that the whole thing was another joke. No public issue, no trading. I thought it was very witty.
Flash forward to today and I can't believe what a ponderous, boring, over-verbose sales and marketing organization fool.com has become. Had some sort of subscription or subscriptions recently. Sales newsletters in a style that was prevalent in the 1970s. No idea whether any recommendations are useful. Probably some are, but it's not worth the time picking through the advertising babble.
I don't believe that any one source will ever have 100% reliable advice. It's a question of keeping an eye on sources one respects and weighing together all their views together with one's own research.
A very small website with its own newsletter that I do respect these days is:
http://www.paulvaneeden.com
And there are others. |
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Aufiza
|
Don't trust it. |
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Bob J
|
They are not a scam. They offer subscription newsletters that are decent, but not sure about the free-to-the-public articles posted on their website. Don't know who writes them, or what their qualifications are.
One thing I don't like about them is if you subscribe to one of their newsletters you will be inundated with offers for their other subscriptions. Very annoying. Information in the newsletters are decent starting points for researching companies.
I subscribe to "The Stock Advisor" and "Champion Funds". Both have paid for themselves with their recommendations.
Starting to get the feeling that they are leaning on suscribers, forum posters and/or CAPS posters to identify good investing tips. Not sure how I feel about this. |
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zyberianwarrior
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if its MOTLEYFOOL yes you can trust them. Freelotto is scam site. But MSN Money, Yahoo Financial, Morningstar, Bloomberg all of those have great tips and advice as well don't stick with one source. |
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cherylb
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If you are not very sure here is a site you can trust:http://tinyurl.com/y6omal |
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Dang
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Trust in yourself is a better bet than trust all the advices from the website. Believe only 50% of the information, the rest is up to you to decide through you fundamental and technical analysis of the investments. |
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ibooyah2006
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I don't trust them, but I do enjoy reading their articles. Don't take it literally.. use the info and do your own analysis. Check out http://ibooyah.com as well, pretty good articles there. |
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marcus
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Heck yes. Those guys are great - give great advice. They are very realistic, practical, and preach financial conservatism. They will warn you of other scams. They are not one themselves. |
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