In this Investing Daily Review, I’ll take you through the pros and cons of this company claiming to guarantee you’ll make money. In fact, should you follow someone's trades?
I've been seeing advertisements for Investing Daily and Jim Fink’s Options for Income for a while now. A guarantee you’ll make an additional $65,000 a year just by following his recommendations has certainly caught my eye.
Personally, I don’t manage my long-term investments. I leave that up to the professionals. What I mean by professionals are Certified Financial Planners (CFP).
Now that doesn’t mean you can’t do it yourself and that’s probably why you’re reading this article. You want to do it yourself, and you want to know where to turn to get investment advice.
And that's OK! So keep reading our Investing Daily review and you can decide for yourself if a subscription to Investing Daily is worth your time and money. VIEW
Access to their services ranges in price as well. From the $99/year Daily Personal Finance Newsletter to the Radical Wealth Alliance at $5,000, users have a variety of way to spend their money.
Check out our trading service for courses, a trade room and more in this Investing Daily review.
Our Investing Daily review delves into who Jim Fink is. Jim Fink is actually a lawyer by trade but has spent the better part of 25 years perfecting his game in the options arena. Apparently, he claims to make $185 a day by trading options.
According to Jim Fink, chief investment strategist for Jim Fink's Options for Income and Velocity Trader, subscribers to his Investing Daily Finance Newsletter get stock investment strategies with an 85% success rate.
From what I can see, his strategy focuses on selling options as opposed to buying them. This, in fact, is a common approach and once that I’ve seen with the teachings from both Options Alpha and Bullish Bears.
When you crunch the numbers, the odds of winning do tend to tilt in your favor when you sell. This is because you get the keep the premium paid for the option from the buyer who was on the wrong side of the trade.
And according to Fink, this strategy is similar to the one Buffet used to make $4.9 billion. What’s different with Fink’s approach is a concept known as seasonality.
Or, the tendency of stocks to move in a given direction depending on the time of year. In fact, Fink created a proprietary software tool that shows exactly how thousands of stocks move during different times.
For $3,000 you can get access to Jim’s full suite of tools and services.
Our Investing Daily review looks at the bang for your buck. At its heart, Investing Daily’s Personal Finance is an options trading advisory service. But you get a whole bunch more than just this monthly advice.
This is what you get with a subscription:
All things aside, Jim Fink has a fairly good reputation as a stock investor. This doesn’t, however, mean his financial newsletter is worth your time or money. Investing Daily Personal Finance Newsletter promises people will be able to earn an average of $185 per day, every day, for forever.
But quite frankly, I find it hard to believe any company or person who claims you’ll make an average of $5,629 each month just by using their services. The reality is, you should always be wary and suspicious of anyone guaranteeing anything. Especially in the field of money and investments.
If it sounds too good to be true, it probably is.
This is a good thing to know in our Investing Daily review. Take our options strategies course to learn advanced options trading.
In short, that's our Investing Daily review. Is Jim Finks Options For Income a scam? Probably not. But I can't in good faith recommend it to anyone not familiar with options.
It's not as simple as buy @ x and sell @ y. You need to take the time to read, study, practice and build your education.
Further to this, you will find mixed reviews about Investing Daily on the internet which suggests they’re not providing 100% profitable trades. Which makes sense because there’s no such thing as 100% profitable trade.
In my opinion, save your money. There are much cheaper options out there and many are free. Take all of the Bullish Bears classes and material for example.
A lot of it is offered for free and, for a low monthly subscription of $49 you can access all of our advanced strategies.