Whether you’re an investment novice or a seasoned professional, I’m willing to bet that chances are you’ve heard of Morningstar.
Morningstar is recognized as one of the biggest names in the game. They are experts in investment research, and it’s no secret that they are some of the best, if not the best.
If you are interested in their independently researched reports and ratings, you will have to sign up for a Morningstar Premium membership.
This begs the question, is the Morningstar subscription cost worth it?
We think so.
Keep reading to find out what makes them so great and why we think they’re worth every penny.
What is Morningstar?
Morningstar is a trusted investment research firm and one of the most influential in the industry. Morningstar is proud to provide investment ratings, investment information, and tools to help investors make smarter investment decisions.
It’s safe to say they’re doing quite well because as of today, he has over $220 billion in assets under management.
Morningstar rates mutual funds by their performance against similar funds. Funds receive ratings from one to five stars, with the highest-rated funds receiving five-star ratings, and the lowest-rated funds receiving one-star ratings.
Morningstar is a good investment service if you believe in fundamentals, but if you are into technical analysis of charts, then Morningstar is not for you because the site does not cover technical analysis.
Get started with Morningstar today!
There is only one key difference between Morningstar Basic and Morningstar Premium membership: access to independent analyst reports.
Anyone can use the free (basic) Morning Star service, which includes some useful information, but you will lose all the data available only with a premium membership.
A premium membership also gives you tools to improve your investment strategy, monitor your portfolio, and identify potential new opportunities.
Best of all, you can start with a 7-day free trial and get an inside look at what you’ve been missing out on with the basic plan.
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Here are the features included with a free Morningstars membership
With a free Morningstar membership, you’ll get access to some resources and infographics. Honestly, there isn’t much to say about the free plan.
To get the full benefits of the platform, you’ll want to go for the premium membership.
Read more about whether a premium membership is worth it here!
Here’s how it works
After you sign up and pay for a Morningstar subscription, you will have access to tools that will keep you connected to the markets.
You will have the ability to:
- Link all of your accounts to get a continuous overview of your performance.
- Access in-depth analysis, property news and reviews.
- Create custom watchlists in the Investments tab.
You can search for mutual funds and filter them by category, analyst ratings, or performance with the Premium Fund Screener. A number of different criteria are considered, including Morningstar rating and risk, sustainability, annual returns, ex post returns, load-adjusted returns, cost-tax ratio, yield, and many more.
Many compare The Motley Fool and Morningstar but both have their own individual USPs. Morningstar is known for its mutual fund and ETF research and is considered the gold standard in the investment world.
Here are some key features of Morningstar paid subscription
- The Investment Thesis: Morningstar compares stocks and ETFs to provide readers with the pros and cons of each stock or investment. He called it “Bulls and Bears”.
- Investors can find investments using hundreds of major data points, including S&P 500 index funds, dividend stocks, bonds, ETFs, mutual funds, etc.
- Comparative Benchmark Performance Category.
- Our subscribers get access to actionable research reports with over 2,000 mutual funds, ETFs, index funds, and individual stocks.
- Stocked mutual funds are allocated into specific stock and security classes.
- Transparency: Morningstar clearly displays the annual fees for owning an ETF or mutual fund. This is one of the most important aspects that is often overlooked. Usually, the cheaper the investment, the higher the chances of outperforming the comparable benchmark.
- The Morningstar X-ray tool makes sure that you don’t speculate too much on a particular country, industry or stock.
- Cost Analyzer: Morningstar investor analysis tool. This tool helps retail investors choose an ETF or mutual fund over another.
Morningstar Subscription Cost Summary | Is it worth it?
If you’re looking for investment research, Morningstar is the best place to go. It has extensive research on everything from stocks to bond investing, covering more than 620,000 investments.
Yes, it can be expensive, but they offer a free trial for peace of mind. The information provided is worth every penny because you will be armed with plenty of ammunition to go out and make profitable investments.
We think you should consider the Morningstar subscription cost for the excellent investment ideas and tools they offer. Once you sign up as a premium member, you’ll join the 620,000 other individual investors who now have access to all of Morningstar’s data and tools.
Read our full Morningstar review here!
- Expert research covering bonds, ETFs, mutual funds and stocks
- The list of best investments is impressive
- Covering more than 620,000 investments
- Discounts for multi-year subscriptions
- Paid membership required for premium content
Get started with Morningstar today!