Investment newsletters are often viewed today as outdated, not needed and a hassle to fool with. Who has time to read anymore?
But the truth is these newsletters have never been more crucial. They are essential for you to intentionally manage your money and reach your overall financial goals.
Read on to gain a better understanding of how investment newsletters work and the best ones you need for 2023. For a more detailed comparison, be sure to check out the best investment newsletters on modestmoney.com.
Why Investment Newsletters Are Key
In the current world of financial uncertainty, the importance of investment newsletters can’t be overstated. Allow us to explain.
The Federal Deposit Insurance Corporation (FDIC) recently announced the collapse of the Silicon Valley Bank–a bank with over $175 million in deposits–making it the second-largest bank failure in history. Additionally, regulators in New York shut down Signature Bank by declaring that keeping the bank open would threaten the stability of the entire financial system.
This dilemma emphasizes the obvious: People need to how to best protect their money. And this is much, much bigger than just remembering to diversify investment portfolios.
Investment newsletters keep you in the loop so you’re prepared when something like this happens. They also help you adhere to Warren Buffett’s two rules of investing:
- Don’t lose money.
- Never forget rule #1.
So let’s dive into a couple of our favorite investment newsletters.
Best Investment Newsletters: An Overview
Chooing which newsletter is best for you does require some research. If you spend money on something, you want to be sure it’s worth your while. This list will give you a brief synopsis of all the features that come with each investment newsletter.
Motley Fool Stock Advisor
Motley Fool Stock Advisor is run by brothers David and Tom Gardner. Both the Gardner boys are former hedge fund managers who know a good thing when they see it.
Translation: They know what they’re doing. The Stock Advisor’s newsletter stock picks have performed exceptionally well since its creation in 2002. Former recommendations include Amazon, Tesla, Costco, Booking.com and Netflix.
Motley Fool is catered to investors who want monthly stock picks from a team with a proven track record. Here’s what you can expect from the Motley Fool Stock Advisor newsletter:
- Two new stock picks each month
- Stock recommendations for new investors
- Best Buys Now list which includes the best 10 stocks to buy now
- Educational resources
Price: Subscribing to the Motley Fool Stock Advisor will run you $199 per year. New members, however, get that reduced to $99 for the first year.
Seeking Alpha knows the importance of diversity when it comes to investing. They seemingly have conducted research in every nook and cranny of the investing field–making them one of Modest Money’s best stock research websites.
Signing up for Seeking Alpha’s Premium Subscription is all it takes to see just how much research and analysis goes into every stock they recommend. They do their homework to bring you Analyst ratings, Factor grades and a Quant rating.
Stock picks are generated through Seeking Alpha’s proprietary data-driven system, which analyzes key metrics such as growth, momentum, profitability and valuation. Additionally, Seeking Alpha gives you:
- Two monthly long-term stock picks
- Regular market updates and notifications
- A detailed explanation as to why they picked each stock
Price: Seeking Alpha’s prices vary due to the number of different subscriptions, however, a PRO account with only set you back $29.99 per month.
Created by Alexander Green, the Oxford Club’s Chief Investment Strategist, The Oxford Communique is a newsletter providing members with monthly stock suggestions, news alerts and bonus reports.
Green is no stranger to Wall Street. He has over 20 years of experience as a portfolio manager, research analyst, financial advisor and writer. Needless to say, Alexander Green is something of a human stock screener.
Over those 20 years, an investment of $100,000 would have become $434,000 by investing with the Oxford Communique’s picks. How crazy is that? The S&P only returned $332,000.
Green’s work has been featured in Forbes, Businessweek and The Wall Street Journal. He transfers this knowledge and experience into this small, monthly newsletter known as the Oxford Communique.
This generalized summary does make the Communique more advanced than a typical Oxford Club subscription. It is therefore recommended for investors with experience.
Price: The Oxford Communique comes with an annual subscription of $79, which includes a 365-day guarantee.
A Final Note
As stated, picking an investment newsletter just comes down to what suits you. This isn’t a decision to make on impulse. You must do your research and take some personal inventory.
What are your specific needs and goals? Are you thinking short-term or long-term?
The answers to these questions will likely lead you to the perfect newsletter.