rg (11/30/82)
I am looking for a good stock market advisory letter. I tried a trial subscription to the Zweig Forcast letter. It's very expensive, $195/year. He also has a phone number with recorded updates every other day. He is suppose to be the best. Does anyone have any experience with investing using this letter. How about other advisory letters? Are they worth the money (the cost is tax deductable)? Can you make some real money at this? Please reply soon, I'd like to get my tax deduction for this year while taxes are higher.
johnl (12/01/82)
The usual question to ask about market letters is, if they're so smart why are they peddling advice to you rather than following their own advice and getting rich? Also, many of them appeal to what might be called special interests, e.g. the world will collapse soon so buy lots of gold. The best respected investment letter is Value Line published by Arnold Bernhard and Co. which follows many, many, stocks and has a good track record. They make no claims to genius insight, just diligent application of straightforward principles. Trial subscriptions are pretty cheap. John Levine, IECC, PO Box 349, Cambridge MA 02238; (617) 491-5451 decvax!yale-co!jrl, harpo!esquire!ima!johnl, ucbvax!cbosgd!ima!johnl (uucp) Levine@YALE (Arpa).