Let me start by wishing all readers a very happy Memorial Day weekend.
I had intended to make this announcement next week as part of my regularly-scheduled Tuesday morning issue. However, I’ve received several questions from readers who noticed the changes I made to The Free Market Speculator page on Substack yesterday afternoon.
So, starting today, I’m launching a paid subscription tier of The Free Market Speculator.
I want to make one thing clear: I’m not removing or changing any features of the free version of this publication.
Free FMS subscribers will continue to receive market commentary every Tuesday and Thursday morning at 10 AM Eastern Time along with periodic special issues, updates and alerts. That includes my popular occasional series Myths, Half Truths and Misinformation as well as links to podcasts, interviews and discussions I do for other media and publications.
I won’t be changing the focus of this Substack, which includes commentary related to economic trends, commodities like oil and natural gas, equities and exchange traded funds (ETFs).
The comments section of all free articles remains open for questions, comments or suggestions and all free FMS readers can e-mail me directly right here: freemarketspeculator@substack.com. I can’t promise I’ll respond to every e-mail or comment I receive; however, I will endeavor to do so, either directly or as part of a future article or alert.
The centerpiece of the new paid tier of FMS is a model portfolio. This portfolio includes specific stock and exchange traded fund (ETF) recommendations, advice on when to buy and when to sell, position sizing and ongoing risk management.
To make the portfolio easy to track, I created it with a hypothetical $100,000 initial stake, so readers seeking to follow the recommendations should size their positions accordingly.
The FMS model portfolio is focused on building wealth over the long haul. While there are no guarantees in markets, my main goals are to produce positive absolute returns each year and beat the benchmark S&P 500 over holding periods of 2 to 3 years or longer.
Paid tier readers to FMS will receive subscriber-only posts, alerts, and articles each month outlining my detailed rationale for new recommendations, updates on existing model portfolio holdings, strategy and market updates. I will post at least 2 special subscriber-only model portfolio updates monthly, which will include an ongoing performance summary.
Finally, I’ll be rolling out additional features for the paid FMS tier over the next three months pending subscriber feedback on what frequency would be most useful for readers.
That includes a subscriber-only online “chat,” allowing you to ask any questions you like about the markets, economy, oil prices or specific recommendations in the model portfolio – ask any question on the chat, and I’ll answer it live. The entire Q&A session will be archived for perusal at your leisure.
I’ll also be launching a regular video presentation and market update series, hosted through the Substack platform.
The cost of the new paid FMS tier is $30 per month, or you can select my annual subscription option at a discounted rate of $299. Normally I’ll be offering a 7-day free trial to FMS for new monthly and annual readers; however, for a limited time as part of this launch I’m offering a free 30-day trial to the paid tier using this link:
I’ve been writing and publishing financial newsletters and services for almost a quarter century now, and I’ve always enjoyed interacting with subscribers. That’s why I’ve been a speaker at over 100 conferences and in-person events over the years, and it’s why I first offered a monthly online subscriber Q&A chat to readers way back in 2005.
However, one of the (many) things about Substack I’ve grown to appreciate is this platform facilitates a two-way conversation between writers and readers of a publication like FMS. I can hold conversations with readers on an ongoing basis, not just once a year at a 3-day investor conference in Vegas.
So, I’d like your feedback. If there are any features or specific content you’d like to see in the paid version of FMS, I’d like to hear about it. Simply drop me an e-mail at freemarketspeculator@substack.com or post a comment using the link below:
DISCLAIMER: This article is not investment advice and represents the opinions of its author, Elliott Gue. The Free Market Speculator is NOT a securities broker/dealer or an investment advisor. You are responsible for your own investment decisions. All information contained in our newsletters and posts should be independently verified with the companies mentioned, and readers should always conduct their own research and due diligence and consider obtaining professional advice before making any investment decision.