David,
One of the things you will learn from reading SI is that it is an open forum for those long on stocks, those short on stocks, market makers and market manipulators and alot of just ordinary investors. Some are very up front about there intentions and some are very devious. We may have misread your initial enthusiasm and posts but one learns to be a little skeptical.
In the stock market a good dose of skeptism is often a good thing.
One can gain info on stocks from a number of sources.
Alot of people when they are getting started subscribe to the newsletters. These can vary in price from a few bucks to several hundred bucks a year. Some writers seem to be sincere in their attempt to inform investors while others are taking stock from companies to tout those stocks. In a way the predictions become self fo filling prophecies. If writer A recommends XYZ and has 10,000 subscribers all of whom read the recommendation and go out and buy 10,000 shares each then 100,000,000 shares get bought and the price goes up meanwhile the writer can unload his/her position and make money.
So if you subscribe to these newsletter what are you actually getting for your money, how impartial is the writer and how good is the advise. If you think you are getting your moneys worth in info then it is money well spent but some cynics would say wait a minute, the writer gets money or considerations from companies for writing about them, they then make money from subscribers and then they make money selling stock to those same subscibers. So in fact they have three ways of making money and if they also short the stock thats four. Not bad when you think about it. Not all newsletter writers do this but some do, so alot of investors are skeptacle about the real value of newsletters.
You could also buy books on stocks, magazines etc read them and you may or may not feel you are getting your moneys worth.
If you feel you have got your monies worth from this program then great. If it works for you then even better. There are some people who spend alot of money on stock chart programs etc -for some they work for others not.
One of the stories I like is where a bunch of analysist do there picks for a year, while others are picked by throwing darts at the stock page and the dart throwers came out ahead.
We all like to think our picks are good but are they really any better then randomly picking a few stocks????????
So this program may work for you and if it does great. If not you will probably have learned alot in the process.
It goes back to the old adage "If mines were easy to find, we would all own one and if it was easy to get rich playing the stock market then we all would be."
Good luck with your investments.
Regards Walt
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