facebookIs it worth to purchase IBD or other app premium to get their take on stock recommendation or signal to buy? - Seedly

Advertisement

Anonymous

22 Dec 2022

βˆ™

Stocks

Is it worth to purchase IBD or other app premium to get their take on stock recommendation or signal to buy?

Discussion (1)

What are your thoughts?

Learn how to style your text

One of the best advice i received on personal finance is to do what works best for you!

​

That being clarified, you may want to think about these questions: i) do you have the time, money, and aptitude for such active trading?, and ii) have you considered the direct and indirect costs?

​

Personally speaking, I'm against the idea of paying for such premium access just for stock tips. As a small, retail, investor, I believe in investing either via ETfs or directly purchasing a few bluechip, dividend-paying, stocks.

​

I've paid for premium access to some business newspapers for the news and analyses of businesses and economies. I don't bother too much about their tips, recommendations, etc. for individual stocks, though.

​

Of course, this is just how I operate. You may find it worthwhile to pay for premium access for stock recommendations if you find your answers to the above questions acceptable to you.

Write your thoughts

Advertisement