The 4 Best Newsletters For Investment Advice

The 4 Best Newsletters For Investment Advice

Although you take your investments seriously, you have neither the time nor the expertise to collect and analyze all of the information you need to make the right moves. To do so, you rely on advice from your broker. You may also read certain newsletters to stay current on investment trends and indicators.

If a newsletter offers advice without providing logical and evidence-based reasons for its recommendations, then you are not likely to return to it. However, what about the papers that do seem sound? Which of them are first-rate and are most to be trusted?

Kiplinger.com has provided a list of the 4 best newsletters for investment advice. These are based on the work of an expert who has been tracking newsletter recommendations over the past 34 years. The four best are:

• Fidelity Investor
• Independent Adviser for Vanguard Investors
• InvesTech Research
• Morningstar Fund Investor

I was especially impressed with the content of Fidelity Investor. It offers advice on specific kinds of funds. It gives critical insight into financial news events in Europe and Asia. It also provides online tools that you can use to analyze and evaluate your portfolio. What the Kiplinger article has to say about it strikes me as true and well-deserved:

Fidelity Investor?has returned an annualized 7.8% over the past 15 years, an average of 3.2 percentage points per year better than Standard & Poor?s 500-stock index. It ranks fourth among the 25 fund newsletters Hulbert has tracked that long and fourth on a risk-adjusted basis. The letter?s picks have, in aggregate, been about 15% less volatile than the S&P 500.

Editor Jim Lowell offers solid investment advice amid a sea of nautical metaphors. His five portfolios hold funds an average of 1? years. Lowell wins special kudos for performing well even though he limits his picks to Fidelity funds, which have been only so-so performers in recent years. The letter costs $100 a year.

Insight into the other investment newsletters can be read here. It is a good idea, of course, to read more than one newsletter. To get a more rounded view you should read two or three. However, you should never let any piece of advice override your experience of which funds have made you the most money.