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Canajun FinancesMy personal views and rants on home finances with a Canadian Perspective |
Has The Motley Fool Outlived it's Usefulness?
Posted on 11/09/2006 00:00 AM | Link | Post Comment
I must admit that when the Motley Fool guys started out back in the late 90's I read a bunch of their books and listened intently to their books on cassettes, and I even subscribed to one of their newsletters. Back in the day they seemed to mostly make money on their books and advertising on their website, which was fine by me.
I have noticed that they have had a very different change of how they do business in that most information of value you have to pay to get at now via their newsletters, and such. I understand why they do this (my guess is you could make a lot more money doing business this way, than you would if all you made money on was printed books). I continue to read their books, but I take them out of the library now, I can't afford to buy them, and I don't receive any of their newsletters, as I am finding them a little too pricey these days as well.
I would be curious to see if there was someone who reviewed how good the financial and investment suggestions made by the Motley Fools and whether it was worth the money you pay for them. Their concepts seem a little "over my head" sometimes, which is most likely because I don't have enough time to really read this stuff in depth either.
My advice would be to borrow some of their books from the library, I think their basic advice concepts are very sound, and figure out whether you can keep up with their ideas on specific areas to invest.
Remember the Library is the greatest resource you have to get free financial advice and ideas (other than poorly written and badly edited blogs such as this, of course). --C8j
I have noticed that they have had a very different change of how they do business in that most information of value you have to pay to get at now via their newsletters, and such. I understand why they do this (my guess is you could make a lot more money doing business this way, than you would if all you made money on was printed books). I continue to read their books, but I take them out of the library now, I can't afford to buy them, and I don't receive any of their newsletters, as I am finding them a little too pricey these days as well.
I would be curious to see if there was someone who reviewed how good the financial and investment suggestions made by the Motley Fools and whether it was worth the money you pay for them. Their concepts seem a little "over my head" sometimes, which is most likely because I don't have enough time to really read this stuff in depth either.
My advice would be to borrow some of their books from the library, I think their basic advice concepts are very sound, and figure out whether you can keep up with their ideas on specific areas to invest.
Remember the Library is the greatest resource you have to get free financial advice and ideas (other than poorly written and badly edited blogs such as this, of course). --C8j
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