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written by reader 12% Newsleter

By outlier, February 24, 2013

Sorry if this has already been discusssed, I just became a premium member a few months ago and searched on Dan Ferris and his 12% Newsleter after watching his video yesterday and wondered if anyone has had any experience with him or his newsletter. He is a member of Stansberry & Assoc. and teased with buying directly from Raven Industries and Paychex. Another deal that sounds too good to be true. Thanks, Craig

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alainbm
alainbm
February 25, 2013 5:06 pm

I am assuming he is talking about Direct Stock Purchase Plans which allow you to bypass a broker and buy a certain dollar amount of shares a month and let the Dividend reinvest in shares. Usually there is a nominal fee per month but its lower than what most broker charge.

This site has great coverage http://www.dripdatabase.com/Default.aspx

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S. Marx
February 26, 2013 1:12 pm

Complete misnomer. The stocks they recommend are for the most part paying approximately a 3% dividend. The 12% is suppose to come from an additional increase in the stock price and/or the dividend increasing over the years so that it then yields 12%on your original investment.

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mace77
mace77
March 16, 2013 9:34 am

Top notch. Deep understanding of the financial statements. Build core holdings with Dan.

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