Anyone who has ever researched stocks or mutual funds has likely heard of Morningstar. One of the most trusted names in finance, the company offers research and analysis on stocks, ETFs, and whole industries.
It’s comparable to other sites like Zacks Investment Research and Motley Fool Stock Advisor.
In this Morningstar review, I will discuss its details, pricing, and features, and then you can answer the question, “Is Morningstar premium worth it?”
If you’re like most of my readers, you came across Morningstar for one main reason:
You want to make more money than you currently make, ideally by leveraging resources you already have.
Maybe you’re even looking for a quick turnaround on some of your cash, instead of waiting years, or even decades for it to double.
Well, you’re in good company – who wouldn’t want all of that?
There’s one thing you need to watch out for though: legitimate scammers.
The idea of making 10X on your money in a day is obviously something that would entice the masses, and so it naturally attracts a lot of bad actors into the financial products space.
But for purposes of this review, let’s assume these people had the best of intentions.
Even with the most sophisticated systems out there, most experts barely manage to get it right 10% of the time…
Obviously, there’s an argument to be made that 1 winning bet can outshine 10 losing ones…
But if you mess up and miss a trade even one time, your month can turn sour pretty quickly.
Suffice it to say, there’s a whole lot of stress & uncertainty.
Now don’t get me wrong, it doesn’t mean you’re guaranteed to lose money. I’m just saying that you need to be aware of what you’re getting yourself into.
But what if you could build a different income stream and start seeing profits within your first few days?
I’m talking about a system that doesn’t require:
- Obsessively checking your phone and charts
- The emotional turmoil of loss after loss, waiting for that win
- Glorified gambling
Something that you could make anywhere from $2,000 – $10,000 consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it, without spending every waking hour watching for alerts and pouring over charts?
If that sounds interesting, you might want to think about using the Digital Rental Method.
If you wanna see what Morningstar looks like on the inside, keep reading.
What Is Morningstar Premium?
Established in Chicago in 1984, Morningstar is a financial services research organization. It’s well-recognized as a formidable force in the market. An investor using Morningstar’s resources may increase their chances of success.
Its assets under administration total more than $220 billion, making it a major player in the asset management industry. Morningstar is an online resource for investors who want to stay up to date on the latest developments in the financial market, such as research on bonds, stocks, exchange-traded funds (ETFs), and mutual funds.
Morningstar Premium Features
Portfolio X-Ray
A Morningstar Premium subscriber may use the Portfolio X-ray to manage asset allocation. This tool divides your funds, which is beneficial when you have several overlapping. You may examine the asset classes you possess, the sectors you’re most invested in, and how your assets compare on a value vs. growth spectrum.
The X-Ray tool can be beneficial for self-directed investors since it’s impossible to examine the holdings of every mutual fund for an exact asset mix. Morningstar Premium’s X-Ray tool is still helpful but complicated compared to alternatives like The Motley Fool Stock Advisor.
Mobile App
Portfolio X-ray is a tool for managing investments offered to Morningstar Premium members. If you have many accounts that overlap, you may benefit from this feature as it helps to disperse your funds evenly. You might evaluate your assets’ value and growth potential, the sectors in which you have the greatest exposure, and the different asset types you own.
Morningstar Premium Stock Screener
With the premium fund screener, you may filter mutual funds based on their category, past performance, and analyst ratings. Morningstar ratings, risk, sustainability, returns (both annual and trailing), returns (after considering any sales or redemption fees), tax cost ratio, and yield are all relevant considerations. (Lacking in the demo version.)
In addition to Morningstar ratings and style box, you may utilize sector/industry, market cap, and value indicators like P/E and dividend yield. Another option is “Similar Funds.” It lists funds comparable to those you isolate using fund screeners, providing you with more options. There are also screeners for ETFs and mutual funds.
Portfolio Manager
A portfolio manager is a tool for monitoring your investments and keeping an eye out for fresh possibilities. The advantage is that you can easily access the Morningstar reports as they are linked to in the table.
Best Investments And Fund Analysis
If you’re having trouble deciding which funds to include in your portfolio, this portfolio management tool presents Morningstar’s 220 independent experts’ best investment ideas.
There are five-star stocks, funds, high-yield bonds, ETFs, core bond funds, “inflation fighters,” target-date funds, US index funds, foreign bond funds, bond index funds, and starting funds in this category.
Analyst Reports
The reports produced by Morningstar’s experts provide a thorough evaluation of their opinions on a particular investment. The destiny of the investment depends on the judgment of specialists. They evaluate it about the category and benchmark established by Morningstar.
Article Archive
Morningstar Premium provides access to a variety of useful planning tools. It discusses budgeting, paying taxes, putting money aside for college and retirement, and investing for old age.
Similar Funds
A Morningstar investor can also use the Similar Funds screener to find more funds like the one they’re looking for. This is beneficial when attempting to reduce your capital gains tax. The tool’s comparison feature will show you funds with similar performance, allocation, and load/expense ratios. This feature also makes it simple to replace missing monies.
Existing mutual fund investors who already have stable mutual funds matching their investment styles may also benefit from this feature. Diversifying your investment portfolio by adding similar funds is easy with the similar funds screening tool.
How Much Does Morningstar Premium Cost?
Premium users of Morningstar get access to the site’s vast ratings of stocks, ETFs, mutual funds, bonds, advanced screeners, and portfolio management tools.
Whether you need to check if Morningstar Premium is for you, you can try it out for free for seven days.
The Morningstar Premium subscription fee is $29.95 monthly or $199 yearly. You’ll save $160 off paying monthly when you pay the annual subscription. Choosing the 2-year premium subscription plan will cost you $349. Choosing the 3-year premium subscription plan will cost you $499.
Are There Alternatives To Morningstar Premium?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Is Morningstar Premium A Scam?
Alright, time for the $1,000,000 question: is Morningstar a scam?
No, not technically. You can 100% make money with it, but it’s not NEARLY as simple as Morningstar wants you to think it is.
With financial products, you need to understand that you are taking a very big risk.
So while it’s entirely possible that you hit the big leagues and retire to a vineyard… the path to get there is so stressful, it might just shave a decade off your life… IF you even get there.
A friend of mine actually writes advertisements for one of the largest financial program advertisers in the world… so believe me when I say most of the “awesome” numbers they use in their ads & landing pages are borderline false.
What they conveniently leave out are the dozens of losing bets and trades that came before the big win you’re reading about.
Now, most people don’t have the emotional bandwidth to stick out 3 months of back-to-back losses before (hopefully) getting a big win.
I’d rather use that 3 months of work (in my spare time) building Digital Rental Properties, and then collect a handful of nice little $500-$2,000 checks every single month afterward (AKA passive income).
And the cool part is that you can do it in a lot less time than 3 months (I personally did it in my first 2 weeks of using the Digital Rental Method).
You can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is a laptop and an internet connection.
Some of my friends are Digital Rental Method that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money In 2022?
I’ve personally tried all of the major online business models:
- I’ve traded crypto & purchased a bunch of fancy “insider stock tip” newsletters
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Read Our In Depth Breakdown Of The Top 5 OppStocks Courses For 2024
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, using the Digital Rental Method is for you.
Why?
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) You Own & Control EVERYTHING: When it comes to the markets, nothing is in your control. You have zero influence over market-shifting macroeconomic trends.
The number of people that have ACTUALLY beat the market consistently can be counted on one hand.
Why pour your soul into a business that you realistically have zero control over?
With the Digital Rental Method, you literally own all of the assets, which means you have ultimate control.
3) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income in the markets, you would need to make twice as many winning trades, or double your profit on each trade. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
4) Make Money Helping Real People: When you make money in the markets, you’re not really helping anyone but yourself. There is a loser on the other end of that trade.
But With the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other programs like Morningstar, which might make you money if you luck out.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.
