Look For Information For Past, Present and Future
The best investment advice doesn't just focus on what's likely to happen in the future, what's happening right now, or what's happened in the past. The best advice comes from people who understand the track record of each company stock, understand what the company is currently going through and are able to use market information to predict future performance. Make sure that you're choosing a newsletter that utilizes all available options so you can get the most comprehensive information currently out there.
Choose a Newsletter That's Easy to Understand
Many newsletter that offer investment advice simply compile news stories and give you raw data.
If you're extremely familiar with the market, this information will be useless to you, as you could easily do the research on your own. If you're a beginner or intermediate investor, you'll find this information to be virtually worthless, as you'll likely have difficulty understanding it. The best option is to choose a company that actually turns the news into easy to understand advice you can make sense of.
You Want to Be Able to Plan Ahead
One thing to keep in mind is that many newsletter that offer investment advice simply send out alerts. They'll shoot an e-mail to you telling you to buy or sell a particular stock. They'll insist that time is of the essence and that you must act right away. No matter how good their advice is, this can leave many people feeling uncomfortable, because they won't have the time to read up on the advice and understand it fully.
Choose a company that gives you advice warning for a buy or sell.
Make Sure It's Written By a Professional With Experience
Before choosing an investment advice newsletter, be sure that it's written by someone with the right experience. Believe it or not, there are people out there compiling these newsletter who know less about the market than you do. If you want advice you can take seriously and that will work for you, choose a newsletter written by someone who knows what they're talking about.
Get a Free Copy Before Paying
Look for a newsletter like www.eftdiscipline.com that you can get a free copy of before paying anything. This allows you to take a look at the format and information and to decide if it's right for you. Don't ever buy a product or service like this that doesn't allow you to get a glimpse at what you're paying for.