Tuesday, October 12, 2010

Stockbee Membership: Is It Worth It?

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I had a reader ask me today about a Stockbee membership and if it was worth it. I checked the price of his site today and saw that it was $150 for 6 months and $225 for a year. I think that this is an extremely great value. To me that represents a value on par with a subscription to the IBD. One of the things that I think makes his membership such a great value is that he pushes you to make a system and take action. Also, what I really like about him is his belief that you can do it if you set out to master it. You'll find that just by focusing on the market every day and the individual stocks that appear on your screens. You'll learn more by doing and once you start investing, you'll learn by your mistakes.

Having Stockbee to walk you through this process is a great benefit. I think that what concerns people with his membership is that he offers no trial membership. It's easy to think that it might be some sort of scam. I talked more about his site on my Review of Stockbee post a while back.

If you are unsure, take the time to go back and read his blog. He openly talks about his methods right out in the open. Like most crafts that people try and master, you can openly give your stock market investing secrets out a lot of times and never fear that any one will apply them. Charge a membership fee, and this spurs people into action because they want results for the membership fee that they are paying.

In the long run, your money will be better spent with Stockbee than on some Forex system or options system. I almost forgot that he has a ton of testimonials on his site as well.

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