|
|
05-15-2008, 08:54 PM
|
#1
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2006
Location: west coast, hi there!
Posts: 8,809
|
Dump the WSJ?
I've subscribed to the Wall St Journal for around 35 years straight. Just got a renewal notice for 2 years at $426. Seems outrageous given the info now available on the web for free. I never liked their editorial stuff anyway which is too severely slanted to the right. They don't even seem to try to balance it out. Their investment advice is sort of nonexistent. Jonathan Clements left just recently. The Saturday edition seems to be full of discussions of $40/bottle wine and other high priced stuff. Not my philosophy which is more LBYM. My Economist subscription covers the international stuff better and has more thoughtful economic focus. Seems all the WSJ can do is talk about M&A deals and the Ahead-of-the-tape column is a joke. Am I missing something here?
So what sources of financial info do others use? On the web I like Bogleheads, our ER forum, NY Times, Morningstar. Any other suggestions? It will be a relief not to have to plow through 2 papers every day. Nice to vent about this !!!
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
05-15-2008, 09:08 PM
|
#2
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
I really like the WSJ and enjoy reading it when they offer me a free subscription.
But when I look at the cost of a regular subscription, my value meter always says "NO!"
I read a little of this or that on a lot of sites. I think maybe that gives you more of a balanced approach with the benefits of immediate feedback...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
05-15-2008, 09:09 PM
|
#3
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
|
I think you have answered your own question! That is a lot of money to spend, especially if you aren't getting the kinds of articles you want to read.
It sounds to me like you have a good handle on sources for information, and if you read all of those you listed that should keep you busy!
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
05-15-2008, 09:14 PM
|
#4
|
Thinks s/he gets paid by the post
Join Date: Nov 2005
Posts: 1,600
|
Rumor has it that Murdoch wants the WSJ to look more like USA Today. USA Today is cheaper
|
|
|
05-15-2008, 10:17 PM
|
#5
|
Recycles dryer sheets
Join Date: Jul 2005
Posts: 423
|
|
|
|
05-15-2008, 10:27 PM
|
#6
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,239
|
I used to subscribe to them... but that was in 1999... I suspended my sub when I went overseas for a bit... seems they could not transfer the sub to the UK...
then when I came back... they did not want to deliver to my door for some reason.... I wanted to read it on the bus.... heck I still have about 3 or 4 months on my sub way back when....
I would get a 'free' copy for awhile... slightly used (or not)... we had the cleaning crew 'deliver' a copy to us from one of the law firms in our building... you can do that is you manage the crew...
I read the internet... I have thought about getting something so I can read it when I go to lunch or am sitting around... like that Amazon thingy... but just have not wanted to blow the cash....
SOOO, started to read some books again....
|
|
|
05-16-2008, 02:55 AM
|
#7
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2006
Posts: 7,733
|
I subscribe online to the WSJ. When it first started I believe it was $60 now the price is $100 and next year is is $120/year. So this will be my last year, I am hoping to do the cancel trick and which generally results in a lower price.
|
|
|
05-16-2008, 03:09 AM
|
#8
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,713
|
I think I saw a chart somewhere comparing article content pre-/post-Murdoch. Decline in pure business/economics articles; rise in politics and 'lifestyle'.
You might consider the Financial Times.. they have quite a lot for free (w/registration).
|
|
|
05-16-2008, 04:54 AM
|
#9
|
Administrator
Join Date: Apr 2006
Posts: 23,037
|
For the reasons you cite, I will likely not renew my WSJ subscription when it expires this year. I may subscribe to FT online.
__________________
Living an analog life in the Digital Age.
|
|
|
05-16-2008, 05:07 AM
|
#10
|
Full time employment: Posting here.
Join Date: Oct 2007
Location: New York
Posts: 898
|
Interesting timing, I just canceled my online subscription last week.
clifp - you are right, they countered with a $99 offer when I canceled. (they had re-upped me at $119) I declined their offer.
In my case I read the NYT and FT in paper version every day, professionally I much prefer the FT to the WSJ, it covers fixed income and derivatives markets much, much better than the WSJ. Also, I know Murdoch will take it further down market so it felt good to cancel and give that as my reason.
If my leave of absence turns into ER, which is likely, I won't re-up my FT subscription when it lapses in a year or so. I agree there's too much info on the web to be paying several hundred a year for one of these papers, at least if you are a retired passive index investor.
__________________
Money's just something you need in case you don't die tomorrow.
|
|
|
05-16-2008, 05:49 AM
|
#11
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,071
|
I used to read it at work but haven't missed it now that I'm retired. Too much free stuff on the web. I have thought about dropping by the library to read it but haven't had a big enough urge to do so.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
|
|
|
05-16-2008, 07:21 AM
|
#12
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,713
|
Bloomberg site is also good for basic finance headlines and such.
http://www.bloomberg.com
|
|
|
05-16-2008, 07:57 AM
|
#13
|
Thinks s/he gets paid by the post
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 4,204
|
Just got a renewal for the Houston Chronicle, $177 for one year. Their Business section is 4 pages long on average, with 20 to 30% of that advertisement. WSJ for $426 for two years does not seem that out of place.
|
|
|
05-16-2008, 08:06 AM
|
#14
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
|
Rustic, interesting you mention the ads in the business section of the Chronicle. This month the SA Express-News began running 1/16 page ads on the front page. I'd love to stop our $175-a-year subscription but a lifetime habit is hard to break.
__________________
Numbers is hard
|
|
|
05-16-2008, 07:36 PM
|
#15
|
Thinks s/he gets paid by the post
Join Date: Feb 2005
Posts: 2,032
|
If you don't mind answering surveys e-Rewards will pay for your subscription.
You could also go online only which I think costs me $100 a year.
|
|
|
05-16-2008, 09:11 PM
|
#16
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
|
Heck, if you just want to read the WSJ you can follow this article's advice:
Free Access to Wall Street Journal and Other Subscription Sites
Quote:
Originally Posted by Dawg52
I used to read it at work but haven't missed it now that I'm retired. Too much free stuff on the web. I have thought about dropping by the library to read it but haven't had a big enough urge to do so.
|
Quote:
Originally Posted by REWahoo
Rustic, interesting you mention the ads in the business section of the Chronicle. This month the SA Express-News began running 1/16 page ads on the front page. I'd love to stop our $175-a-year subscription but a lifetime habit is hard to break.
|
What Dawg said. Maybe you could tell Express-News that you're going on vacation for a month or two and then see if you can make the shift to the website (or some other local paper's website). Of course if SA Express News could also deliver your U.S. mail then I'd understand paying for the subscription.
For the last couple years of our local paper's subscription we got better coupons in other places. The classified ads have been replaced by Craigslist. I no longer have to wash my hands, recycle newspring, listen to the delivery thunk into the garage door at 4 AM, or hear the delivery driver practicing his best NASCAR/drifting spins in our cul-de-sac. We get three different free weekly fish-wrappers in our mailbox with neighborhood news and even they're hardly worth more than a glance.
It takes me mere minutes to scan our local paper's website. In the time it took me to handle the printed paper I can also go through Business Week's website (we cancelled our 25-year print subscription a few months ago), Scientific American (why do we still subscribe?), Pacific Business News, and Reuters.
Then instead of pestering my spouse with "Hey, honey, look at this!" and having her politely pretend to be interested, I can e-mail her a link and let her read it at her convenience-- if she even cares to read it at all.
I'm finding U.S. Naval Institute PROCEEDINGS print articles on Military.com, and spouse's days of reading "The Naval Reservist" are just about done. In another five years our only print subscriptions might be Family Handyman and the alumni magazine.
Oh, and Highline Media's "Wealth Management" rag. I can't help laughing at how the financial managers view us sheeple customers.
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|
|
|
05-16-2008, 10:09 PM
|
#17
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,239
|
Quote:
Originally Posted by Rustic23
Just got a renewal for the Houston Chronicle, $177 for one year. Their Business section is 4 pages long on average, with 20 to 30% of that advertisement. WSJ for $426 for two years does not seem that out of place.
|
Interesting... I was thinking of subscribing so I can have something to read when I go to lunch.... but that is a bit more than I want...
I read a number of articles on Chron.com... I have never seen one in the paper that is not on the website... in fact I got it open in another window... reading a few articles
|
|
|
05-17-2008, 05:50 AM
|
#18
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,298
|
Let my WSJ subscription go many years ago, in fact don't take any newspapers whatsoever any more (cost and environment). Have let most of my magazine subscriptions go to (same reasons). Read what I want at the library, get my financial info from the internet, whatever I need whenever I want it for "free." Only read I can't let go of is The Economist, just feel that it keeps me current on the world like no other source. My 2¢...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
|
|
|
05-17-2008, 06:55 AM
|
#19
|
Full time employment: Posting here.
Join Date: Oct 2007
Location: New York
Posts: 898
|
I hear you, Midpack. The Economist would be the last paper publication I'd part with. And my wife will take her New Yorker subscription to her grave.
__________________
Money's just something you need in case you don't die tomorrow.
|
|
|
05-17-2008, 09:41 AM
|
#20
|
Recycles dryer sheets
Join Date: Feb 2008
Posts: 122
|
Thanks to this board, I just canceled my WSJ online subscription of long standing. There's just too much available online for free to merit $119 per year. Would you believe my subscription was set to renew tomorrow?
By the way, the 'cancel' phone option is closed on the weekends - how nice! So, I went through the 'start new subscription' phone menu to get to a live person. Got NO PUSHBACK for canceling--guess they are too busy trying to keep the newspaper alive to worry about a 15+ year customer...I've had better salespersons (freshmen!) calling from my undergraduate/graduate schools looking for more donations--and a bunch of those recently.
- plsprius
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|