Mark B.
Investor Place is a BAD investment
Investor Place is a BAD investment. The business model is collecting a fee for service, and auto renewal of fees. Someone should explain to them the market effects of the Pandemic and the last election cycle. It seems to have escaped their attention. Before signing up for this service, examine their recommendations track record against a timeline of what actually happened.
Response from InvestorPlaceMar 13, 2023
Hi Mark - Thank you for reaching out and leaving this review.. we appreciate the feedback as we are always looking to improve customer experience. Given that I only see your first name and last initial, we are unable to determine which service(s) you have on your account. With that said, I'm happy to address a few of the comments you mentioned. InvestorPlace is a financial research company... a place for the individual investor to reach his/her financial goals... but you are also right, we are a subscription/newsletter company. Like most subscription services, we do have a fee for our services. Our products range from $5 a month to our highest membership OMNIA of $15,000.00. Our yearly subscriptions are set up for renewal (which of course can be turned off by the customer at any time). We have our services on a renewal because we know you are not investing just for this year... but for the long haul. This also locks our subscribers/readers in at lower rates. With all of that said, I really appreciate your last sentence. We encourage all readers to do research.. and to take a look at our track records, our open and closed portfolios, etc. All of which can be found for any paid subscriber on our website. It's in our best interest to be transparent and to work with our subscribers to learn about their goals and help set them up for financial success. If you'd like, please reach out to our Customer Service team M-F 9am to 5pm EST by calling 800-219-8592 or emailing us at [email protected]. Thanks again InvestorPlace