written by reader Newsletters to be reviewed

By smhon, July 29, 2013

Hi Travis

Which are the newsletters that are seeking volunteers to review?

What do you use as a source of information to check the facts & do some homework? (Other than the Thinkolator which is not possible to place on my desk…Is there a good alternative to a Bloomberg machine?)

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July 30, 2013 10:09 am

That’s a hilarious question. Most financial newsletters—especially those touting “potential” four- and five-digit percentage “gainers”—do their darndest NOT to be reviewed by outsiders. Because the cold, hard numbers they actually produce are typically so unimpressive they couldn’t sell the day-old newspaper their baloney should be wrapped in.

Travis Johnson, Stock Gumshoe
July 30, 2013 10:23 am

The newsletters who are trying to raise their profile by offering free subscriptions in exchange for an honest review submission vary, I think we have one looking for people now — contact us using the contact form (link at the top of the page) and let us know if you want to be on the “potential reviewer” list.

As for me, I use several of the free sites for quick looks at financials — including Yahoo Finance, which I think is still the most popular. I also pay Morningstar for better data so I tend to use them for screening and more detailed financials, and it’s always worth looking at the actual filings if you’re serious about investing in a company, particularly the latest 10-K and 10-Q, to see what the company commentary is, what they think their risks are, and see the unvarnished (hopefully) numbers. Those are free in the SEC’s Edgar database, and most companies also host a copy on their website.

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July 30, 2013 10:42 am

There are many good newsletters out there that offer more than just stock picks. I usually stay awa