Daily Wealth Newletters?

Question

Does anyone know if the Daily Wealth website and the newletters that are sent out are legit or not?

Thanks

Answer 1

don,t think about bank CD    go with equity mutual funds

Answer 2

I'd have to see one. post a link

Answer 3

It really depends on what you mean by "legit or not."  

If you mean, is it a real newsletter offering real advice, yes, in that manner it's legitimate.

But I suspect your question may really be, "is this GOOD advice."  Another question altogether.

Unfortunately, it's impossible to know the answer to "was that a good idea" until months or years after each newsletter has been published.

Notice David M. says "Let's see, they're promoting gold AFTER it's run up to nearly $1,000 an ounce."  Interesting, in a newsletter that advertises itself as "contrarian"--which means going against the general trend.

I agree with David M. that it's best to be cautious.  In my experience, I've never seen an investing newsletter whose advice I would want to follow over time.  Once in a while, one might hit it lucky on an idea, but that's about it.

But are they legit?  Well, sure, they're real newsletters.

Answer 4

Let's see, they're promoting gold AFTER it's run up to nearly $1,000 an ounce. They also are promoting these scam 801(k) plans. I wouldn't call the website a scam necessarily, but I'd be very cautious on their advice and probably wouldn't pay for the services.

http://www.dailywealth.com/sdw_contribut...