The internet has a plethora of websites that offer tips, advice, and valuable information on any topic. Most of the information is free and available to anyone who visits the site. Browsers can get detailed instructions on everything from shopping with coupons to restoring a house. Step-by-step directions, demonstration videos, and mobile applications can be found on sites and social media pages. If all this information is free, why would anyone pay for a subscription or membership to specific sites? The difference is the caliber of information and timing. In some areas, such as investing hard earned money, getting expert advice first is well worth the price of membership.
Investing, especially, is all about timing. People can gain or lose money in a matter of hours or days, depending on how fast or early they can acquire the right stocks. A small energy company, for example, has just announced the purchase of land. Experienced investors may have missed that press release. Novice investors may have no idea of the implications of that information. Experts in the fields of oil and energy are fully aware of what that announcement will do to the stock prices of that company, as well as competing companies. They will post reports on their sites and explain how to best use that information.
Those who have a membership to the website of just one of those experts will get an email alert, a text message on their smartphones, and detailed reports of what that particular breakthrough means to the industry. Some members may have already invested in that company because they were able to grab details in a previous newsletter indicating that was a company in which to invest. Purchasing stocks early is wise because pricing will be low at first. Once the interest picks up for those stocks, the pricing will spike suddenly. A membership with an investing site does not eliminate the risks of investing, it simply allows investors to act quickly with expert knowledge. Browse some websites, compare success rates, and learn about membership details. Some have one rate, while others offer a few tiers of membership to accommodate different budgets and investing goals.