Description
Recommends international stocks that trade on US exchanges.
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Vardy touts the same stocks every month, most of which have gone way up (not bargains anymore), but he still rates them a buy. The Indonesia is a new one, the first in 5-6 months. I invested in one of his picks and consistently lost money in it over a 3-4 month period, finally sold it at a loss, licked my wounds, and don’t follow his advice anymore, nor will I be resubscribing.
I have to disagree with LG above. Vardy offers a new pick each month in Global Stock Investor. Indonesia was his most recent pick, but he’s also picked Taiwan as the next China and other countries as well. I’ve actually made money on all my picks with him. I like his writing as much as his picks. He digs up some interesting stuff. But be forewarned, the name is misleading since his picks often include bets on global currencies as well as stocks.
Good at first but as the market became volatile, not so good–meaning “losses.” Very time consuming to keep up with the changes. After stop-loss orders were executed buy-back recommendations were made and not long after that the loss orders would execute on the same stocks and it began all over again like a merry-go-round. It became a full time job just to keep up.
There will always be market fluctuations and Vardy has helped me minimize losses on the downside. Not a get-rich-quick scheme, so patience is required. Investing in one or even two of his recommendations, losing money and quitting just won’t work. I’m in my second year of subscribing and have been satisfied.
Global Stock Investor has been renamed Alpha Investor. Vardy strictly limits his losses and gains using the 50 day moving average. Global Stock would do well in a rising market, but struggles with the current swings.