Motley Fool

DennisTenus
DennisTenus Posts: 483 Forumite
Sixth Anniversary 100 Posts
in Savings & investments
Hi all,

What are people's thoughts/opinions of Motley Fool?

I maybe stupidly signed up on the website (without paying anything) and they have been spamming me with emails about paying a discounted "winter sale" fee for membership of £39 for 6 months which ends soon (yeah yeah heard it all before) which I can cancel and get a full refund within 30 days!

So i guess my question is, is it worth it and what's stopping me if I could pay have a look around for a couple of weeks, cancel and get my money back? Unless they make the getting my money back part hard work.....

Sorry if this has been asked before. I did do some searches

Thanks in advance
«13

Comments

  • westv
    westv Posts: 6,416 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Why pay to be a fool when you can be an expert for free?
  • DennisTenus
    DennisTenus Posts: 483 Forumite
    Sixth Anniversary 100 Posts
    You mean on here?
  • Zola.
    Zola. Posts: 2,204 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Yeah, don't give them your email what ever you do. Ultimate spam kings
  • DennisTenus
    DennisTenus Posts: 483 Forumite
    Sixth Anniversary 100 Posts
    Haha too late!
  • LHW99
    LHW99 Posts: 5,137 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I used to visit it regularly, but haven't done for a lot of years, after they changed their management / systems / whatever.
  • jimjames
    jimjames Posts: 18,534 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    westv wrote: »
    Why pay to be a fool when you can be an expert for free?

    The whole mantra of Motley Fool used to be "use trackers to beat the city's wise men". They then sold out and wanted a piece of the action themselves
    Remember the saying: if it looks too good to be true it almost certainly is.
  • economic
    economic Posts: 3,002 Forumite
    Motley fool is a waste of time. i wonder what the record is for whether the "experts" get it right or not. i imagine its 50-50, i.e. you might as wlel toss a coin.

    I prefer seeking alpha, much more comprehensive and a wider choice of companies. you can also see comments and you can tell from there if the author is good or not. much more detailed. and its all free.
  • DennisTenus
    DennisTenus Posts: 483 Forumite
    Sixth Anniversary 100 Posts
    Sold out to who??
  • dunstonh
    dunstonh Posts: 119,331 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    DennisTenus wrote: »
    Sold out to who??

    They used to promote passive investing and were paid by a provider of passive investments to promote their products. Then they decided to run their own active investments and earn from that.

    So, depending on your definition of selling out, I would say its a fair statement.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • DennisTenus
    DennisTenus Posts: 483 Forumite
    Sixth Anniversary 100 Posts
    Ahh i see thanks
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