It’s been a quiet start to our trial of The Speculative Investor, with just one position opened so far. That is just 1% up so far.
There are very detailed weekly updates as part of the service however which take a look at how the market is doing, analyzing the overall economic situation, commodities, the stock market, gold, the dollar and other currencies, upcoming economic events and updates on current stock selections.
There is also a watchlist of candidates for new buying, which is limited to a maximum of five stocks.
So there’s a wealth of information to digest and learn from as part of the service, although as we say the active recommendations have been sparse since we joined. That is understandable given the current market conditions so it may not necessarily increase in terms of new selections over the coming months, we will have to wait and see.
The Speculative Investor – New Review
16th April 2022
We are starting a new review today of a very interesting service called The Speculative Investor.
This is a long-running service having been going since 2000 and the advice is provided by a guy called Steve Saville.
He provides stocks selections and market analysis, with a focus on gold, commodities, stock and bond markets, as well as information about macro-economics. The service is based on the “Austrian School” of economics, which Mr Saville says is the “only school of economics based on correct premises.”
The nature of the service – as the name suggests and Steve himself acknowledges – is to pick speculative stocks. This means the service might not be for everyone and there are going to be some picks that fail badly. Indeed there are some picks in his records that have fallen 100%.
However, on the flip side there have been some huge gainers, with some picks having gone up over 600% and one even up over 1000%. So in short it will be quite a wild ride following this service and it is not one for the faint-hearted.
Importantly though, the average gain of the trades since inception of the service is 34.2% according to the results published on the website, which if accurate is an excellent level of return.
The average holding time of the selections is 381 days, so just over a year.
There are also some options trades and ETFs as well as straightforward stock picks, so it is a little more complicated to follow than some of the other services we have reviewed here. Hopefully though it will be manageable to follow in any event.
So this looks like a very interesting service and one we are looking forward to taking a look at. As ever we will update results here as we go along.