I use three of their advisory services and have done for a few years. There is some crossover within services but that’s expected. There is some upsell, like any good business will attempt to do to increase profits. If I’m not interested then I use my ‘Delete’ key. I’m well in front overall and invest for the long term.
Bought 3 shares on their advice - all overpriced
After reading their almost everyday email, I finally decided to buy 3 of their highly recommended shares. All were overpriced. After few days, ALL 3 went down almost 30%. After holding on to the shares for more than 2 years, 2 were bought back as. ‘Non marketable’ shares. Lost all. Lucky I was able to deduct the loss from income tax. Never again.
Bought subscription only to be asked to upgrade time after time. The few shares they advised dropped over 20% by the end of the next day? Sounds like a company that gets people buying the stock then the motley fool advisors sell their stocks and leave investors high and dry. Would never recommend and demand a refund of my subscription or this is being reported to the ombudsman.
Terrible.. upselling is only thing they are good at. Avoid.
Subscribed believing there will be advise on stocks, however all I am bombarded with is showing a number of their additional services. I have not received a single meaningful advise, or it may be lost in 10s of advertising/upselling emails they send. Pathetic service.
Pay for the right to be marketed to constantly
I have now followed advice on 4 different stocks and am down over 20% on those.
All they do is try to upsell you for the "good" advice. Always have their hands out for more money. Not the service I thought I was buying at all
Have been using theirs extreme opp sefvice for last two years. They have given some decent recommendations for some small caps. So out of 15-20 recos 5-7 have come quite well which covers the not so good recos. All in all I found the service usefull.
- Verified customer
Stay away from this share adviser
My Son bought Me in Feb. 2019 a 2 year Membership by Motley fool. But I can’t access my subscription anymore after sending a complaint i received a email that the recognised this and send me a link to pay again but my membership has still 5 months to go. But anyway 80% of there recommendations I bought did make a 30 to 70% loss
I have used their service is just crap all over , I got only 2 email which is about the product I bought other wise everyday go 10 EMIAL FOR MARKETING , please do not subscribe its just waste of money . batter do your research or go for some professional. Lost my money ...0/1Million.
Attempts to upsell are non-stop
I’m receiving nearly an email or two a day about new products and new groups that I need to sign up to, and all of them had a very high price tag at the initial signup. I would not recommend this product at all, none of the stocks that they have recommended have returned anything near what they predicted.
Down 75% on shares bought 7 yrs ago
Listening to this crowd is an absolute gamble. There is no worth in paying for the advice as it’s all a guessing game and I can guess pretty well without forking our my hard earned cash paying for someone to tell me my guesses.
Yes they will disagree with my experience claiming I haven’t given them enough time.
However, I bought these 6 shares based on their advice 7 years ago and I’m still down 75% on what I put in.
Call it bad luck or whatever but I know what it was, and I call that bad advice....
Waste of money and time
I have subscribed for Extreme Opportunity service and lost money :) i am the fool :) for last 3 months they have recommended only 3 stocks, before that there were 3 different one. I followed their recommendation and lost money.
My own research made me 30%. May be mere luck but not from the motley recommendation.
Dont get duped
Whatever stocks being recommended put it on your watchlist but dont buy them. Instead watch them decline in value. Stocks being recommended are being dumped, nad the one profit-taking could be Motley themselves. One good example is RUL.
Pick your service carefully
Generally I have been happy with my memberships but feel PRO service has become overpriced given the level of service provided. I will not renew this membership. The Extreme Opportunities service is by far better value and a lot of the recommendations end up in PRO.
There is too much marketing of minor differential services which only adds to the impression that analysts are being spread more thinly over the various services but the prices remain inflated.
Most convoluted advisory service with massive overlaps and delayed recommendations
Used to be great 2 years ago then found out that they've been holding on the recommendations on other service before it becomes available in their advisory service. The vertical cannibalism of customer base is so 1990s. I can't trust a Share Advisory recommendation anymore as 9/10 times all the fizz has gone out of a stock when it was already recommended in another package service which is subscribed/offered at a premium annual charge.
4/10 recommendations are good but timing is extremely poor - they recommended WEB twice in 3 months includi...ng just before COVID hit. Leads me to believe there is no foresight at the helm or the service I had subscribed was the last one to get that signal because I was on the low end of the spending spectrum. If so, they need to make it transparent so customers know what's going on behind the scenes and buy into the right service. Not me though.
Questions & Answers
I phoned the crew and got a young lady that had no idea with knowledge of shares. I could hear she put me on speaker and was answered in the background with little credibility... Not impressed. I wanted to know about the information I will get if I joined? What is a value share ?? How can I decide which of the three, Gems, Value or high risk, in FOOL, I NEED ??? Does the 5G come with Gems or where ?? You are asking for money with NO information to make an informed decision. Can I phone and ask for one of the boys???
I got a 24 month subscription but cancelled auto renewal could not access my account after 19 months after my complaint the send my a link to solve the problem, but after opening this link the ask for another renewal amount bought a lot of best by of the month 70% made a loss up to 60% except NDQ & MQG read the Financial Review und different internet reviews and make up your own mind I did that in the past and was very Lucky or by ETFs or index Shares
Berne,, Thank you for your reply...
Can you give me a few " ETF or Index share co. ",, that you and others are happy with ????.. Stephen
Lianne E.The Motley Fool
Hi Stephen, I'm very sorry to hear your experience was not a good one, we'd love to help resolve the matter and provide you with answers to your questions.
I have provided the link to our full service suite here, in the first instance, which I hope will provide sufficient information on the services we offer.
The Australian Financial Services licensing regime doesn’t permit personal advice to be given without a personal consultation and thorough needs analysis.
We provide general advice, which means we can give share recommendations and other advice to our members as a whole, but with the explicit understanding that they should decide if the advice is right for their personal circumstances.
You may also find the following links from our site helpful in order to understand a little more about The Motley Fool.
Our Investing Philosophy: https://www.fool.com.au/our-philosophy/
What is Value investing: https://www.fool.com.au/definitions/value-investing/
There are many other great articles on our free site at www.fool.com.au linked under the 'Invest' heading at the top of the page.
Should you have any specific questions in relation to a particular service please email me at email@example.com.
I hope this helps.
I have been offered shooting stars which deal finishes at midnight 17/06/20, it states double down and claim $2000 and join as founder member. Does that mean that you pay $999 for only five stocks released tomorrow for USA companies and then when next releases come in 3 x 5 share recommendations do you have to pay more or do you get all 20 recommendations for 2020 financial year ?
All subscriptions lead to believe you are getting something more but but you don't get what you've been lead to believe youre getting.
Can you clarify what shooting stars founder membership get.
Lianne E.The Motley Fool
Hi Garth, If you'd like to email our Member Services team at firstname.lastname@example.org I would be happy to provide more in-depth information, however, I can confirm that you will receive the full Shooting Stars 2020 portfolio consisting of 20 USD stocks for the offer price listed. This is for a one year term.
Waiting on a response for the refund of my subscription.
Erin B.The Motley Fool
Thank you for your message. I'm sorry to read you haven't received a response yet.
Would you mind re-sending your details (including your email address and surname) to membersupportAU@fool.com.au and someone will be able to assist further.
We look forward to hearing from you.
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