I subscribe to many newsletters here but I went for paid in only one. That one provides regular reporting directly relevant to my work and makes me better at my job - the subscription price is cheap compared to the value.
For most of the others, there is relatively little value in what they give me. I am happy using my time to mine them for the occasional nuggets of gold (new-to-me insight). Paying double digits euros per month per newsletter is just too expensive for that.
I was happy to buy and binge read your books. The one-time payment was quite reasonable compared to the value. I am skeptical I could justify an ongoing subscription charge unless it's present value is comparable to buying all your books - and I suspect that would not be worth your while.
Then again, I would be very interested in macro commentary from a MMT point of view - not at the detail required for consulting professional investors but at an educational level. With a sufficient level of regular insight, it might be worth a reasonable subscription fee.
Thanks, that’s echoing my feelings. I doubt that I would ever aim at a $20/month (for example) service - it would have to be a full time undertaking. The problem then is: what if I only get 5 subscribers at that rate? Ouch.
It would be fairly cheap (so long as I stay away from going into market commentary that requires expensive data licenses). The problem with pricing is that I would expect that dropping the price beyond a certain point would not add subscribers. So, price cuts just proportionally reduce the revenue. I will have to take a look at other Substacks to see what they charge (and adjust for the fact that I think I would have relatively limited paid content).
I subscribe to many newsletters here but I went for paid in only one. That one provides regular reporting directly relevant to my work and makes me better at my job - the subscription price is cheap compared to the value.
For most of the others, there is relatively little value in what they give me. I am happy using my time to mine them for the occasional nuggets of gold (new-to-me insight). Paying double digits euros per month per newsletter is just too expensive for that.
I was happy to buy and binge read your books. The one-time payment was quite reasonable compared to the value. I am skeptical I could justify an ongoing subscription charge unless it's present value is comparable to buying all your books - and I suspect that would not be worth your while.
Then again, I would be very interested in macro commentary from a MMT point of view - not at the detail required for consulting professional investors but at an educational level. With a sufficient level of regular insight, it might be worth a reasonable subscription fee.
Thanks, that’s echoing my feelings. I doubt that I would ever aim at a $20/month (for example) service - it would have to be a full time undertaking. The problem then is: what if I only get 5 subscribers at that rate? Ouch.
It's ok to go with paid subs , but pls make it reasonable so that the average size trader can read and learn
It would be fairly cheap (so long as I stay away from going into market commentary that requires expensive data licenses). The problem with pricing is that I would expect that dropping the price beyond a certain point would not add subscribers. So, price cuts just proportionally reduce the revenue. I will have to take a look at other Substacks to see what they charge (and adjust for the fact that I think I would have relatively limited paid content).