Blog Week 5 Post 2
I
have been writing an investment newsletter on and off since 1994. My current investment
newsletter, the Intrinsic Value
Wealth Report, is starting its seventh year of publication. From my
experience with the newsletters that I have written; and the many newsletters
that I read and have studied for ideas, I believe there are two types of
customers/subscribers to investment newsletters:
1.
The
first is the do-it-yourself (DIY) investor. This person likes to buy individual
securities with which to build an investment portfolio. The people in this
category that subscribe to investment newsletters will typically subscribe to
more than one newsletter. They are looking for good investment ideas for their
portfolios. I recently gave a talk at a large investment club, however, and was
surprised to learn that most of the audience, who I thought would be DIY
investors, actually were not DIY investors at all. They must have been in the second
category discussed below.
2.
The
second category of subscriber to investment newsletters are people that just
like to read what newsletter editors have to say about various topics,
including investments (many investment newsletters cover topics other than
investments in addition to investment topics). They may or may not be DIY
investors; but typically they are not. This type of investor most often invests
in mutual funds and/or employs a professional investment adviser. They are most
interested in learning about various investment topics and investment ideas so that
they can talk with others about these ideas.
I
am looking forward to this week’s assignment on creating a Facebook business
page. I was about to create one on my own; then discovered that it is our
assignment for this week. And I am looking forward to learning about how to
promote my newsletter online.
On
another note, I held my monthly angel investor meeting this afternoon. Two of
the four companies that presented today actively use social media in promoting
their businesses. And, in fact, they have been very successful in promoting
their businesses in this manner.
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