FACTS
In summary, the “Media Effect” is the result of people acting on advice of paid newsletters, network programs and other. Our 5 and 10 year studies indicate they don’t beat the Market unless you sell them in 24 hours following recommendation.
Beware the bearer of stock pick advice
An investor who bought a recommendation and then sold the following day would have achieved on average returns of 337 percent. Those who kept the stocks for a week would have achieved returns of just 29 percent, and at the one-month mark, the losses hit -416 percent.
