Comments on: How to Get Rich with Stock Market Newsletters http://www.obliviousinvestor.com/how-to-get-rich-with-stock-market-newsletters/ Investing Blog: The Oblivious Investor Tue, 07 Feb 2012 17:04:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dividend Growth Investor http://www.obliviousinvestor.com/how-to-get-rich-with-stock-market-newsletters/comment-page-1/#comment-1724 Dividend Growth Investor Fri, 26 Jun 2009 18:01:53 +0000 http://www.obliviousinvestor.com/?p=4905#comment-1724 Wow that sounds like an awesome idea ;-) Finding 640,000 subscribers to send free newsletters is not that easy however. You always have to ask yourself, if someone is selling you a newsletter which claims to be generating huge gains, why aren't they simply "trading for a living'? Wow that sounds like an awesome idea ;-) Finding 640,000 subscribers to send free newsletters is not that easy however.

You always have to ask yourself, if someone is selling you a newsletter which claims to be generating huge gains, why aren’t they simply “trading for a living’?

]]> By: Mike http://www.obliviousinvestor.com/how-to-get-rich-with-stock-market-newsletters/comment-page-1/#comment-1706 Mike Wed, 24 Jun 2009 20:39:23 +0000 http://www.obliviousinvestor.com/?p=4905#comment-1706 Monevator: Yeah, that's exactly what Carl describes in the post I linked to. I'd never heard of that scam before. Yikes! Monevator: Yeah, that’s exactly what Carl describes in the post I linked to. I’d never heard of that scam before. Yikes!

]]> By: Monevator http://www.obliviousinvestor.com/how-to-get-rich-with-stock-market-newsletters/comment-page-1/#comment-1698 Monevator Wed, 24 Jun 2009 14:14:55 +0000 http://www.obliviousinvestor.com/?p=4905#comment-1698 There's an even more fraudulent way some scammers do this, which is to keep mailing binary tips to a mailing list of investors. (i.e. Mail half Buy and half Sell). Starting with tens of thousands, after 5-6 iterations, the scammer has a list of a people who believe they've received 6 correct tips in a row. At that point the scammer reveals his seventh tip -- which requires investing via the scammer, or profiting in some other way -- via an illiquid microcap that he pumps and dumps say. When the cash is secure the scammer legs it. NOT meant as advice, obviously -- it's a warning! Look out for it. There’s an even more fraudulent way some scammers do this, which is to keep mailing binary tips to a mailing list of investors. (i.e. Mail half Buy and half Sell).

Starting with tens of thousands, after 5-6 iterations, the scammer has a list of a people who believe they’ve received 6 correct tips in a row.

At that point the scammer reveals his seventh tip — which requires investing via the scammer, or profiting in some other way — via an illiquid microcap that he pumps and dumps say. When the cash is secure the scammer legs it.

NOT meant as advice, obviously — it’s a warning! Look out for it.

]]> By: Rob Bennett http://www.obliviousinvestor.com/how-to-get-rich-with-stock-market-newsletters/comment-page-1/#comment-1693 Rob Bennett Wed, 24 Jun 2009 11:19:12 +0000 http://www.obliviousinvestor.com/?p=4905#comment-1693 Most investing newsletters are dangerous. I can go along with that much. But some teach as well as list stock picks. Learning how to pick stocks effectively can produce a big payoff down the line. So I don't think all investing newsletters are bad. I've learned from some myself. Rob Most investing newsletters are dangerous. I can go along with that much.

But some teach as well as list stock picks.

Learning how to pick stocks effectively can produce a big payoff down the line.

So I don’t think all investing newsletters are bad. I’ve learned from some myself.

Rob

]]> By: Mike http://www.obliviousinvestor.com/how-to-get-rich-with-stock-market-newsletters/comment-page-1/#comment-1688 Mike Tue, 23 Jun 2009 17:58:27 +0000 http://www.obliviousinvestor.com/?p=4905#comment-1688 Dave: The post was intended to be (partially) tongue-in-cheek. I'm not asserting that any particular company is doing all of the above things. Rather, I'll simply say that my experience with investing newsletters (even, or perhaps especially, the big ones) is that their marketing efforts leave something to be desired in the way of transparency. Dave: The post was intended to be (partially) tongue-in-cheek.

I’m not asserting that any particular company is doing all of the above things. Rather, I’ll simply say that my experience with investing newsletters (even, or perhaps especially, the big ones) is that their marketing efforts leave something to be desired in the way of transparency.

]]> By: Dave C. http://www.obliviousinvestor.com/how-to-get-rich-with-stock-market-newsletters/comment-page-1/#comment-1686 Dave C. Tue, 23 Jun 2009 16:17:04 +0000 http://www.obliviousinvestor.com/?p=4905#comment-1686 :O ... Give me a minute to pick up my jaw. I read your post along with the Behavior Gap link and I am just astounded. I had never thought of such an idea like that, and the post here I assume is making the assertion that one site in particular is doing this? It seems to me that this is borderline fraud? Wow, pretty scary... :O
…
Give me a minute to pick up my jaw. I read your post along with the Behavior Gap link and I am just astounded. I had never thought of such an idea like that, and the post here I assume is making the assertion that one site in particular is doing this? It seems to me that this is borderline fraud? Wow, pretty scary…

]]> By: Welath Pilgrim http://www.obliviousinvestor.com/how-to-get-rich-with-stock-market-newsletters/comment-page-1/#comment-1685 Welath Pilgrim Tue, 23 Jun 2009 15:22:46 +0000 http://www.obliviousinvestor.com/?p=4905#comment-1685 Excellent article Mike! Excellent article Mike!

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