If you do subscribe to this newsletter, do what I do — for this newsletter or any other financial advice — caveat emptor. I only use an investment newsletter’s recommendations as a starting point for picking my investments. I don’t accept what’s recommended blindly, nor should you.
Specifically, read up on the trends the author believes is happening, and at the same time find counterpoints to their argument. What you should understand with any investment advice is it’s an opinion and nothing more or less.As an investment newsletter, Stansberry and his team’s goal are to sell your newsletter subscriptions. Since that is where their bread and butter lie, they are going to attempt to hook you in via some controversial marketing tactic. Although Stansberry’s research is independent of any traditional bank or investment house, and their analysts are not allowed to own any of the securities they recommend.
The investment performance of Porter’s newsletter has been hard to find. Unfortunately, Hulbert Financial Digest doesn’t track any of Stansberry’s newsletters. The newsletter is cheap enough to purchase annually and should be a no-brainer in terms of cost. If you do get only one investing nugget annually from the newsletter, it’s well worth the subscription.
Alternatively, if you find yourself in need of financial advice, you might want to consider using the services of Paladin Registry Registry. It’s a service that connects you with a professional investment advisor who are fiduciaries. That means they are required to act in your best interest.Even if you invest yourself, it could be beneficial to hire a financial advisor to get insight into your overall investment strategy, asset allocation, and get help with things like rebalancing and minimizing taxes.