Motley Fool Pro - Only a few will be able to underperform the market...
A year ago, I wrote a post "Motley Fool Pro (what am I missing here)" wondering why would anyone want to join Motley Fool Pro at a cost of $2,000 per year when at that time Motley fool Pro was only matching the market's (S&P500's) return (click here to see the original post).
I just took another look at Motley Fool Pro's performance on the TMF's home page and I see that right now Motley Fool Pro is pretty severely underperforming the S&P500:
Motley Fool Pro return (since inception) +69.44%, S&P500's return (during the same time frame) +77.57%.
Basically, for the last 12 months, Motley Fool Pro has underperformed the market by 8% (and we are in a bull market).
I don't know how many of you remember, but a year ago this site was flooded with Pro ads like "65,000 are interested but only a few will be able to join" promising that they will help people become rich, retire early, etc.
I wonder now how many of those few that did join a year ago did actually renew their subscription this year. I know thet didn't lose any money (as the market's up), but to pay $2,000 to underperform the market is a pretty bad deal to me.