Investment newsletters can be helpful for both beginner and experienced investors.
If you have limited time to conduct your own research, a good investment or financial newsletter can offer useful tips and guidance on what trades to place and the overall state of the market.
This article will take a look at some of the best Canadian investment newsletters and discuss the features, subscription models, and pricing of each one.
What is an Investment Newsletter?
Investment newsletters are a form of publication that is delivered regularly to paying or non-paying subscribers.
They can include anything from investing help, market news, or even stock picks and investment ideas.
There are free investment newsletters and also paid subscription investment newsletters. There are also premium tiers depending on the site or company you subscribe to.
Today, investment newsletters are delivered online, directly to the subscriber’s email inbox. These deliveries usually happen on a daily, weekly, or bi-weekly basis.
Best Investment Newsletters in Canada
1. Motley Fool Stock Advisor Canada
The Motley Fool is a well-known investing company that is based out of the United States but offers its services all around the world.
Motley Fool Canada is a service for Canadian investors or those looking to invest in Canadian equities.
Motley Fool Canada has a long list of premium subscription services and stock funds for investors to join.
The Motley Fool Stock Advisor Canada is the company’s flagship stock recommendation service and one of four investment newsletter services from the company.
The other Motley Fool Canada newsletters are Dividend investor, Hidden Gems, and Rule Breakers.
With Motley Fool Stock Advisor Canada, investors receive the following features:
- 2 Stock picks per month: 1 Canadian stock and 1 US stock
- Best Buys Now: 5 timely buys chosen from over 150 stocks
- List of Starter Stocks: Foundational portfolio recommendations
- Members-only discussion forums
- Motley Fool community and investing resources
The cost of the Motley Fool Stock Advisor Canada is $299.00 CAD per year. However, you can join here for only $99 per year – that’s just $1.90 a week (comes with a 30-day refund period).
2. Benzinga Pro
Benzinga is a Detroit-based investment news site that has gained popularity in recent years from retail investors.
Benzinga offers three premium newsletter subscriptions along with a Benzinga Pro membership subscription to its site.
The three premium newsletters are as follows: Benzinga Options. Benzinga’s Breakout Opportunity Letter, and Benzinga Stock Picks.
With Benzinga Options, investors will receive the following features:
- Fully researched and high-conviction options trades
- Analysis and trade explanations
- Price targets and timelines for each trade
- 2 winning trade ideas each month
The Benzinga Options newsletter costs $97.00 per year. There are also Benzinga Options Enhanced Edition and Ultimate Edition, which cost $297 and $757 per year, respectively.
With Benzinga’s Breakout Opportunity Letter, investors will receive the following features:
- Actionable picks that are fully researched
- Detailed explanations, including stock charts
- A new breakout stock every month
- Access to Benzinga Premium site
- Stop loss advice and trade history
Benzinga’s Breakout Opportunity Letter costs $97.00 per year. There are also Benzinga’s Breakout Opportunity Letter Weekly and Elite newsletters, which cost $297 and $547 per year, respectively.
With Benzinga’s Stock Picks newsletter, investors receive the following features:
- 2 trade ideas each month
- Monthly report on stock pick performance
- Full macro, technical, and fundamental analysis of stock picks
- Investment thesis on each stock pick
Benzinga’s Stock Picks newsletter costs $97.00 per year. There are also Benzinga’s Stock Picks Enhanced and Strategy Elite newsletters which cost $297 and $757 per year, respectively.
Benzinga also recently started to offer a Benzinga Crypto newsletter which costs $8.50 per month for the starter newsletter or $148.50 for the enhanced tier and $997 for the NFT Pro tier.
Benzinga offers free newsletters, including Benzinga Premarket Activity, Benzinga Fintech Focus, Ring the Bell, and Benzinga Crypto Daily.
Related: Motley Fool Canada Stock Advisor Review.
3. Seeking Alpha
Seeking Alpha is a popular investing site that offers many articles and discussion forums to its users.
If you have ever searched for stock news, you have no doubt seen Seeking Alpha articles.
Seeking Alpha isn’t exactly a newsletter, although you can get stock news delivered to your inbox daily.
The company offers a free limited membership tier where users receive a limited number of articles to view for free, as well as a free newsletter and real-time stock news updates.
The site has two premium subscriber tiers: Seeking Alpha Premium and Seeking Alpha Pro.
With Seeking Alpha Premium, investors receive the following features:
- Unlimited access to premium Seeking Alpha content
- Stock Quant Ratings
- Stock Dividend Grades
- Ad-lite
- Author ratings and performance
With Seeking Alpha Pro, investors receive the following features:
- Everything in Seeking Alpha Premium
- Top ideas
- Seeking Alpha Pro content and newsletters
- Short ideas portal
- VIP Service
- Ad-free experience
The cost of Seeking Alpha Premium is $19.99 per month, and the cost of Seeking Alpha Pro is $299.99 per month when billed monthly or $199.99 per month when billed annually.
4. Morningstar Premium
Morningstar is one of the most widely used financial information sites in the world.
Morningstar’s Premium service provides full access to its site, including some free newsletters.
The site also offers several premium subscription newsletters. These include Stockinvestor, Fundinvestor, Dividendinvestor, and ETFinvestor.
Morningstar’s Stockinvestor newsletter provides the following features to investors:
- Current events and market commentary
- Stock watchlist
- Email alerts when a trade is made in the companion website portfolios
- Digital and paper copies of the newsletters
Morningstar’s Fundinvestor newsletter provides the following features to investors:
- Fund watchlist and monthly performance data of those funds
- 24/7 access to each fund’s Analyst Report
- In-depth articles for investors
The price of the Stockinvestor and Fundinvestor newsletters is $145 for the digital copy and $165 for the printed copy.
Morningstar’s Dividendinvestor newsletter provides the following features to investors:
- In-depth editorials on income-generating industries
- A watchlist of dividend-paying stocks
- Email alerts when trades are made in the portfolio
Morningstar’s ETFinvestor newsletter provides the following features to investors:
- Commentary and analysis of the current market environment
- A watchlist of ETFs
- Access to analyst reports on ETFs
The price of the Dividendinvestor and ETFinvestor newsletters is $199 for the digital copy and $219 for the printed copy.
Related: Best Stock Advisors in Canada.
5. Morning Brew
The Morning Brew is a relatively new financial and investment newsletter service that is based completely online.
It is different from the other newsletters on this list as they provided each of their seven daily newsletters for free.
All you need to do is sign up with your email address, and you will receive them in your inbox every morning.
The Morning Brew newsletters are as follows:
- Morning Brew: the daily business read
- Sidekick: daily recommendations for smart living
- Emerging Tech Brew: for tech that will shape future business
- Marketing Brew: the latest in the marketing and ad world
- Retail Brew: news and insight from the retail world
- HR Brew: for people in the HR industry
- Money Scoop: to be smarter with your money
As you can see, there isn’t an investment-specific newsletter from the Morning Brew.
The Morning Brew also has four free podcasts: Business Casual, Founder’s Journal, Imposters, and the Money with Katie Show.
How To Choose an Investment Newsletter
It’s important to select an investment newsletter that meets your investing style and outlook. Look for newsletters for specific industries or investing types.
Paid subscription newsletters aren’t necessarily better than free newsletters. Read some reviews and check the historical performance of a stock picker if they have a newsletter.
Make sure you are learning from the newsletter. Whether it is free or paid, you need to be gaining knowledge and information when you read it.
Frequency matters too. Monthly newsletters can be too infrequent. A lot changes in the markets in a month!
Pros and Cons of Investment Newsletters
Investment newsletters can be excellent research sources, especially for those who don’t have the spare time to do their own research.
Investment newsletters are convenient. Some of them are delivered to your inbox each morning, and all you need to do is subscribe.
They can be great sources of information and recommendations, but be sure to confirm it is from a trusted and credible figure.
Investment newsletters can be pricey, especially if you sign up for the premium versions.
Stock picks usually are not guaranteed and can even fail if the market turns for the worst.
Are Investment Newsletters Worth It?
Stock investment newsletters are an interesting tool for Canadian equities investors. They can be extremely informative with great stock picks and delivered right to your inbox.
But can you differentiate between paid and free newsletters? Make sure paid newsletters have a proven track record before investing in them.
Many investors like investment research newsletters because they do not have time to do their own stock research.
In the end, they are great resources but before you commit to a paid subscription, make sure it is the right financial newsletter for you. You might just be able to find a free investment newsletter or website that offers the same information.
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