If this was the Beginner's forum my reply would be much kinder. But it's not, so here are my observations...
Well, after paying $1500 for the annual subscription and sticking with purely star stocks, I've lost 8% of my life savings, wasted $1500 on this meme service, and missed out on a guaranteed 4% I would have made if I'd just left my money in an online high-interest savings account.
- You've been at it for 16 months. So you have the patience of a child (or a typical investor).
- You're comparing a loss in equities over 16 months to what you could have made in fixed-interest over that time period. If you've ever even looked at something like an All Ords chart or whatever, you'd be well aware that the market fluctuates and doesn't dish out a fixed-rate. Say, what?
The only reason I didn't make even heavier losses is because I sold out of a couple of positions early.
...You're unable to stick to a system. Selling positions early could hurt you on another occasion.
How the overall market can be positive or flat with my entire portfolio plummeting just baffles me;
...Plummeting? Are you serious? My portfolio (admittedly no doubt more volatile than many would be happy to invest in) could (and does) fluctuate that amount in a day! Often in seemingly the opposite direction to whatever the market is doing (
not quite correct, but that's how it often feels)
Perhaps I'm just really, really unlucky.
...You really haven't looked at a basic chart of the All Ords, have you? It's not that you're really, really unlucky. You may or may not be invested in a good system (I have no idea re: stock doctor) to begin with - but it doesn't really matter. You could be given a 'winning system' and it wouldn't make a difference. You'd still lose and claim bad luck. A good investment strategy will try the patience of a saint.
But this will be my one and final foray into the securities market
...It may well be, and might be a good thing in your case! One positive is that you are admitting you can't handle it, and that's a
good thing. You
should be able to sleep at night, and honestly - if only fixed-interest will do that for you, that's fine. Better than losing money in the market through bad decisions. Knowing yourself, is half the battle in investing. I'm serious about this. My brother, despite me explaining much over the years, has only ever made one stock trade in his life - when someone might have put him onto something (I worked in the mining industry back then) and it turned out a ten-bagger. He lives really well, has a very good career and productive life - and only invests in fixed-interest (to my knowledge, that hasn't changed). If I mull over it, I can despair about how well he could do / could have done considering his starting capital was waaay better than mine. But, he sleeps at night and has a great life - who could complain?
Just a story to share that I'm not actually having a go. We're all different, and knowing who you are in investing is, as I said, half the battle. If you do know who you are (like my brother) - that's a good thing. But know that you
will be (just like my brother - who could probably have added a zero to his wealth by now) missing out on opportunity. It's up to you whether that's okay.
I can't think of a rational reason to renew it.
...Me neither! For two reasons. 1) All of the above, and 2) You are obviously not comfortable that this Stock Doctor system is a winning one to begin with (by the sound of it).
All the best with whatever way you go in the future.