Red Hot Penny Shares
This classic share-tipping newsletter is bread ‘n’ butter for companies like Fleet Street Publications. This is what they did in the old days, before the internet, spread betting and fixed odds trading came along and made everything more complicated.
Red Hot Penny Shares is written by ex-City boy Tom Bulford. He uses his old contacts and analytical powers to work out which shares are most likely to shoot up in value. The idea is that you invest in small ‘penny shares’ that cost under a quid (although this isn’t exclusively the case) in the hope that they double, treble or quadruple in value.
So it goes in theory…
In mailshots like these, you should always check out the average overall performance (usually in smaller print at the bottom of one of the pages, or at the end). You’ll see that the Red Hot Penny Shares portfolio is up by 14%, or thereabouts.
Now, before you run screaming for the hills, this isn’t bad. The stock market is tough to beat, and this is a reasonable return. But it aint going to make you a millionaire. Not that the mail-shot claims this…
But if you fancy investing in shares, Tom is a good man to follow. He has an accountant’s eye for detail and the price you pay for his advice is surprisingly low. You can get your first year of Red Hot Penny Shares for just £29 – and there’s a 3-month money-back trial.
When you sign up you get 5 free share tips to start you off right away. Then each month you’ll get a readable monthly newsletter with a couple of share tips and analysis. Tom also sends you a weekly email to keep you up to date with his recommendations. You can also email him for advice and help.
For the price, you can’t beat this newsletter service. But, like I say, if you’re not interested in the stock market, then this is NOT a path to financial independence.
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