Are stock advisory subscriptions worth it?
I have taken up premium subscription of an equity advisory. They suggest me stocks to buy and sell. They offer two portfolios one for long term another one for short term. They told me I can expect a cagr of 30% over long term( from their historical data) . I am planning to invest annually 30% of my income into the long term portfolio. This over some years could give me huge returns. Note: I am not promoting them but I wanted to know if anyone in this community also uses some equity advisory to generate long term wealth. I'd like to know what features they come up with.
Talking product sense with Ridhi
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Absolutely no. If i know where to dig for gold, why would i sell shovels?
Selling shovels doesn’t take time, digging gold despite knowing where takes time. Read low capital investment.
digging for gold is makes you multiple times richer. To make the same money , one has to sell LOTS of shovels.
Alternatively, you can instead also look into Smallcase
Yes i have been investing in small case as well. I think the only difference is I get a relationship manager in advsiroy whom I can ask questions or challenge on his decision I don't get same on smallcase but good for anyone to start with small cases one of the best platform
never.
Nope in my experience
What was your experience?
If anyone is offering stock advice- ask them to give you free calls for a month. Track their called precisely for the time duration. If 70% are right then only go for it else it’s mostly noise. I tried and all the companies failed .
I have taken the stock advisory. Some are real success stories. Twitter feeds a lot of these paid stock advisory subscription vendors.
https://www.researchandranking.com/performance
If I were them and doing good, I’d open up my historical trades and not just give anecdotal success