Whether you’re a newbie to investing or a seasoned pro, I’m willing to bet that chances are you’ve heard of Morningstar.
Morningstar is considered one of the biggest names in the game. They specialize in investment research, and it’s no secret that they are one of the best, if not the best.
If you’re interested in their independently researched reports and ratings, you’ll need to sign up for a Morningstar Premium membership.
This begs the question, is Morningstar’s subscription cost worth it?
We think so.
Keep reading to find out why it’s so great and why we think it’s worth every penny.
What is morningstar?
Morningstar is a trusted investment research firm and one of the most influential companies in the industry. Morningstar is proud to provide investment ratings, investment information and tools to help investors make smarter investment decisions.
It is safe to say that they are doing well because as of today, it has over $220 billion in assets under management.
Morningstar rates mutual funds based on their performance in comparison to similar funds. Funds receive one to five-star ratings, with the top-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 as the site does not cover technical analysis.
Get started with Morningstar today!
There’s only one primary difference between Morningstar Basic and Morningstar Premium memberships: access to independent analyst reports.
Anyone can use Morning Star’s free (basic) service, which includes some useful information, but you’ll miss out on all the data only available with a premium subscription.
Premium membership also gives you the tools to refine your investment strategy, monitor your portfolio, and identify potential new opportunities.
Best of all, you can start with a 7-day free trial and see what you’re missing out on in the Basic plan.
Price PlanCostYearlyCostMonthly$34.95$419.40Yearly$249$429.00Here are the features included with MorningStars free membership
With a free subscription to Morningstar, you’ll get access to some resources and charts. Honestly, there isn’t much else to say about the free plan.
To get the full benefits of the platform, you would want to go for the premium membership.
Read more about whether premium membership is worth it or not!
Here’s How It Works
After signing up and paying for Morningstar’s subscription cost, you will be given access to tools that will keep you connected to the markets.
You will have the ability to:
Connect all your accounts for a continuous overview of your performance. Access to in-depth analysis, news and commentary specific to your holdings. Create custom watchlists in the Investing tab.
You can search and filter mutual funds by category, analyst grade rating or performance using the “Premium Fund Screener”. Several different criteria are considered, including Morningstar rating and risk, stability, annualized return, trailing return, load-adjusted return, tax-cost ratio, yield, and many more.
Many people compare Motley Fool and Morningstar, but both have their own USP. Morningstar is best known for mutual fund and ETF research and is considered the gold standard in the investing world.
Below are some key features of Paid Morningstar Subscription Investment Thesis: Morningstar compares stocks and ETFs providing readers with pros and cons for each stock or investment. This has been dubbed “Bulls and Bears”. Investors can find investments using hundreds of key data points, including S&P 500 index funds, dividend stocks, bonds, ETFs, mutual funds, and more. Comparative benchmark performance range. Our clients receive actionable research reports. Over 2,000 mutual funds, ETFs, index funds, and individual equities. Stock held mutual funds are allocated across specific stock categories and securities. Transparency: Morningstar clearly displays annual fees for ETFs or mutual funds. This is one of the most important aspects which is often overlooked. Generally, the cheaper the investment, the more likely it is to outperform the comparable benchmark. Morningstar’s X-Ray tool makes sure you’re not allocating too much to a particular country, industry or stock. Cost Analyst: Morningstar Investor Analysis Tool. This tool helps individual investors choose one 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 over 620K investments.
Yes, it can be expensive, but they offer a free trial for peace of mind. The information provided is worth every penny as you will be armed with a lot of ammo to go out and make profitable investments.
We think you should consider the membership cost for the excellent investment ideas and tools Morningstar provides. Once you sign up as a premium member, you join 620,000 other individual investors who now get access to all of Morningstar’s data and tools.
Read the full review on Morningstar’s platform here!
Morningstar Pros Expert research covers bonds, ETFs, mutual funds and stocks The best investment list covers over 620,000 investments Discounts for multi-year subscriptions A paid subscription is required for Morningstar Cons premium content
Get started with Morningstar today!