The Motley Fool Canada Anmeldelser 185

Motley Fool's provides it's clients with information and advice for a fee. Typically paid for advice is better than free advice. I have started with MF for 9 months after the big crash. I had started with their Stock Advisor Series, and followed their advise with diversification, and have been very pleased with the results. I have also fallen prey to some of their click bait for fee additional services such as Hidden Gems and also feel the advice as been very good and I have done very well on many of their recommendations. Note for every dollar you invest with your financial brokers you pay at least 1% for them to passively manage your money. So if your holdings are $500,000, you pay your guy $5000 annually to see returns fall short of the bench mark. Not to mention Mutual funds that have high MER's near 2.5% that keep your profits reduced. If you put some of that money toward some real advice and follow the directions, you may be pleasantly surprised. So far I am impressed with the Fool's. Thank you. Here is to 2021!!!

I am a subscriber to Motley Fool Canada. I cannot give it more than 3 stars for the following reasons>

As many others have stated in reviews, you have to run a gauntlet even to sign on. The when you get to the main page of the Motley Fool website you have to enter into a marketing maze where another Motley Fool subscription is offered to you. To move off you have to hit the enter your email and accept receipt of emails and offers which you didn't want in the first place.

They have lost their way. Their smarmy tactics smell more like MLM sites, and like these sites, they seem more dedicated to bringing in new people and upselling to existing subscribers than it is SERVICING THEIR EXISTING CLIENTS. You also get bombarded by ads to your emails highlighting exciting new opportunities available in their other services if you subscribe. Luckily for you that other service is available to you at a discounted rate, but only to midnight tonight. And you don't want to unsubscribe for emails and promotions because then you miss what might be legitimate announcements from the Motley Fool for a podcast or a new set of recommendations relating to your subscription.

Motley Fool shame on you. Treat your existing subscribers better. We are your customers. And Iain Butler, if you are really in charge, please clean up these smarmy MLM practices.

I am signing my name because Motely Fool already has my email address and can find out who I am.

M Talaat
Toronto

I had been looking at Motley Fool for some time, trying to decide whether or not I should purchase a membership. I have RRSPs with an investor but i was looking at doing some of my own investing with my TFSAs. I had read some reviews from people who liked their advice and others who were upset because the picks they had recommended did not pan out. I was ok with that because no one can predict the future and there is always going to be a risk. So eventually I purchased a membership and was looking forward to accessing all of their knowledge and advice.
What I found and the reason I am writing this review (something I NEVER do) is that almost every time I rec'd an email of something I was very interested in, if i wanted that info I had to pay more money! Recently with all the markets down, I have looked at this as an opportunity to buy some under valued stocks, so when I rec'd an email about an upcoming on-line briefing (April &/2020 I think) I was very excited, it was exactly what I was looking for! Well....... after I watched the video and scrolled down the screen...........if I want access to this info........you guessed it, it could be mine as a member for the extra special fee of about $900.00. That was it for me!
I have been in sales/management for over 25 years and what always bothered me was the ones who would bait you in the door for what seemed to be a pretty fair deal but would then begin to hammer you with all the extras! This is main reason that some sales people gave themselves such bad reps and have consumers on edge when making a purchase. There might be some really good advice here and maybe I am missing out on an opportunity but out of principle I will not pay any extra fees!
I guess I am out!

Dave Summers.

I signed up for 3 years of Motley's "Canada Pro" service. Initially they had pretty regular information updates, stock recommendations, etc. At times, that 'flow' of information tapered off. Many of their recommendations which I followed in a timely fashion turned out to be just bad advice. After 2 years most stocks Motley CA recommended, which I bought, are down while the market is very high.

THEN the IMPORTANT problem arose. They cancelled the "Pro Canada" service after 2 years. They announced this with emails which were very sneakily and obscurely worded indicating that I should log in to receive some important info. They send so much junk mail I didn't read carefully or notice anything unusual from their unclear subjects. So I never noticed that I was due 1 year worth of refund. You can say it was my fault I wasn't watching carefully enough. But they NEVER FOLLOWED UP to advise that I had a $650 credit available. So they would have pocketed that money. 6 months later I figured out they had closed the service and asked for a refund, which they say they will give.

The problem is, if I had not noticed, they would have pocketed my $650 . Very sneaky, I feel betrayed and will never trust them again.

Again, their recommendations performed so poorly. Also they closed a 'flagship' service. Be very wary & watchful if you use them.