Does anyone know a good investment newesletter | General financial discussion | Discussion forum

One has to watch newsletters as they all contain the bias of the author AND they usually promote the investing strategy of the author.

MoneySense magazine is a good magazine. Back copies should be available in one's public library. It contains more than one point of view but always from the perspective of keeping coss down. Good advice for anyone.

Canadian Couch Potato is also good from an index investing perspective.

Then there is always the resources of http://www.finiki.org for a plethora of investing subjects and recommended reading.

I agree with above recommendations. Sorry the DIY didn't work out as well as you'd hoped.

The thing you have to ask yourself about newsletters, which are typically fairly expensive, is, if this person or company is really so great at advice, why aren't they just sitting there in the sun managing their millions instead of trying to sell newsletters? Answer: because the income from the newsletters is more reliable than the advice, even advice to self.

I liken the newsletter industry to the advisor industry. There is no advisor on the face of the earth who will guarantee results of recommended investments except for GICs and bonds which you could buy without their help. They can't provide a guarantee, because markets are unpredictable. A newsletter audience, however, is golden - for them.

This doesn't necessarily mean they're all bad, but it does make me sceptical. And it makes me realize I have no more ability to pick a reliable newsletter than a reliable stock.

A depressing warning though is that it's very possible, even likely, that you will not be able to count on 10% returns. There will be ups and downs, no matter what. I have not heard any usually-reliable-source suggest that returns in the current climate are likely to be anywhere near 10%. Aim for about 5 and be pleasantly surprised if you hit 7; overjoyed if you hit 10.