Are the Fat Prophets share advice worth their fee?

Investing in shares at the moment is like catching a falling kitchen knife, if you don't get it right it is likely you are going to lose a toe. One share for each toe.





I am constantly getting barraged by emails from Fat Prophets saying they can triple my money and now is an amazing opportunity that could spark growth for investors similar to the industrial revolution.





Is it worth spending money in their services in this current climate or is everyone doomed and they are only advertising so rigorously because they themselves are losing money?Are the Fat Prophets share advice worth their fee?
1. Slow and steady wins the race. Money can be tripled over a considerable period of years; but if you want it happen in a short time, you are taking bait - it happens once in a while like a lottery.


2. You have to be comfortable with owning and managing stocks, even when you take someone's advise and rely on them.


3. Just like anyone else, they also need to earn their livelihood. However, the consequences are yours - it is probable you can strike goldmine.


4. If you are not at all familiar with these kinds of investments, but are curious about it, then experiment with a very small amount that would not affect you in case it depreciates. Consider a learning process.


5. If these are guaranteed returns, then they would rather put their efforts in becoming multi-millionaires the looking for someone over Email contacts.


6. You got to be financially secure, so even if this venture fails, you have sufficient sources to fall back on.


7. It seems you got in their mailing list. If you don't like it, unsubscribe. However, if you keep opening their mail out of curiosity, you will be inundated with such enticing messages.Are the Fat Prophets share advice worth their fee?
In general, a conservative financial planner who teaches, explains, listens, and encourages his clients should be worth about 1% of assets under management per year so long as he, at least, matches market returns without adding any volitity. Everybody else is worth jack...





No, is the short answer.





The number to keep in mind is 20% per year annualized. You might, MIGHT, be able to find 100 people in the WORLD who have been able to achieve 20% annualized returns over 10 years or more. The ability to do this is EXTREMELY rare and it tends to make people billionaires. Anyone who claims this ability better be under consideration for the Forbes list or you might, logically, suspect they are lying.





Anyone who claims MORE is full of s***.
For what it is worth Fat Prophets don't guarantee triple digit returns. Although there are stocks in the portfolio which have risen this much.





FP have consistently returned around 20%+ annualised per year for each of their reports. This is a return most would be very happy with.
I worry about anybody who says they can triple your money in a short period of time. The best hedge fund managers are thrilled if their returns to 20% per year.