Investment
Advisory Services
I currently have only two
financial advisory services where I am quite
comfortable using their newsletters as a starting point
in my speculation thought process.
I
used to have three recommended investment advisors –
sadly you can no longer profit from the Ney Report
by Richard Ney.
Richard Ney was author of
several useful books in the 1960s including the best seller
- The
Wall Street Jungle, Mr. Ney is no longer with
us; look for his books in a used book store. His unique
insights are worth considering as you make your investments.
The other two recommended
financial advisory services are the Elliott Wave Theorist
and the International Speculator. Look at these
and get some of their great information.
Join Club
EWI from Elliott Wave International for
free and read their current articles and get free
in depth speculation training. Elliott Wave International
also provides fresh and insightful financial market news
of an unusual type. See the bottom of this page for an
example.
Doug
Casey has several services
including the International Speculator, the International
Speculator is a good risk free place to start. You
will learn much more from Doug than just market knowledge.
You have a huge advantage
over professional investors.
Professionals get their
MBA and dive right into a specialized financial niche.
As a private investor you will not be better at analyzing
bonds than a bonds pro, or better at trading wheat than
a wheat specialist. You can be good at guessing what's
next, and learning how to profit in the almost now best
sector to invest.
If you think metals will
take off as China's growth accelerates, you can research
iron, gold, and uranium. The bond and wheat trader will
still be great at their niche, but that's it.
When in a decade or two
you decide everyone hates stocks and bonds, switch back
and by some stocks. If the professional bond trader is
still in business, he'll still be great at bonds.
You can be a generalist,
you can switch asset classes at will - you can succeed.
It is a great advantage.
Remember to think for yourself.
Many investment advisor's ideas will be good, and some
will be timely; but only a few will be both good and timely
for you.
Make up your own mind.
No financial advisory
service will care more about your personal financial success
than you.
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