Zacks, the well known stock research company, is offering 10 stock picks that "...promises market-beating gains no matter the direction the market heads."
Not only that, but with a $299 subscription, you get a number of free reports!
Some of you might question what happens if (alas!) the picks don't outperform. No problem: "...if the service doesn't BEAT the market, we'll credit the cost of your annual subscription to another Zacks product."
Maybe I'm being a bit nit picky here, but isn't this a bit like a used car dealer offering another lemon at a discount after the first one broke down?
Thoughts and observations for those investing on their own or contemplating doing it themselves.
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Monday, January 16, 2012
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ReplyDeleteWhat a deal! But I'll do them one better. I'll sell you my 10 stock picks guaranteed to beat the market for only $199. Any takers?
ReplyDeleteWoah! I wonder how many will fall for this!
ReplyDeleteYou are spot on. The clients who are ready to pay $299 a year, are not going to invest $1,000. Even with #10,000 if the forecast is off by 3% you will loose more than what you have paid for.
ReplyDeleteOn the other hand we do not blame university that a successful student could find a job afterwards, so it is a tricky question.
How long will it take to select 10 stocks witch will beat the market? S&P 500 was up 0,01% at the end of the last year on year-to-year basis...
Investing waves to watch:
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