Anyone considering investing money in a premium investing service remember should be mindful of two things. For a beginning investor the important item is whether or not a service fits your investment philosophy. In makes little sense to pay money for technical trading tips if you are fundamental investor. Second, and this is important for the small money investor, make sure the service is worth the money. Not all premium services are worth the money being charged. If you have a small investment fund the amount of the premium service is a serious concern and almost nothing can be expended if you have a starting fund of $1000 or less.

If you decide having some extra help is worth some money, I encourage you to try out the service first. I am trying the Morningstar Opportunistic Investor premium service. You get 30 day trial to test out the program to see if it fits your system. Opportunistic Investor describes itself as a service that ” seeks to uncover investment opportunities in no-moat stocks, deep cyclicals, arbitrage opportunities, spin-offs, bankruptcy reorganizations, and other special situations. We typically look for upside potential that is many times the downside risk, and prefer stocks with identifiable catalysts to unlock value. We will constantly adjust our portfolio to maintain the best possible risk-reward ratio.” Part of my investing strategy includes looking at spin offs, arbitrage other special situations. I will post when I decide whether or not to keep the service.

2 Responses to “Exploring Premium Services – Opportunistic Investor”

1. Jason
   November 21st, 2009 @ 11:47 am

   There are very few services I’m ready to invest in… particularly ones that do not offer a free trial for a reasonable amount of time so I can test their “investment philosophy” as you say. That is so true and key.

   I’ll be interested in hearing your results.

2. chroma
   November 23rd, 2009 @ 10:38 pm

   I agree. Why squander hard earned capital on advice that is not up to snuff. It only takes one really good idea for me to justify the cost of a premium service. So far nothing yet.

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