AAII Membership - Worth it?

Between P123, Seeking Alpha, some selected podcasts and some other industry or stock specific resources, I feel like I have nearly everything I need for investing.

I’m also of the opinion that fewer, high quality resources is better than having dozens of mediocre resources (analogy: as a home cook hobbyist/enthusiast, really how many cookbooks or cooking magazines do you need? ;-))

All this said, what has been your experience w/ AAII? Is the information/forum available helpful, does it complement the P123 forums and data available well?

At $30/year the cost is very reasonable, it’s more just another resource of information that could potentially be time consuming and take time away from others.

Thoughts from those who are members/have been members?

Cheers,
Ryan

Personally, I found their stock screeners fascinating and reasonably well-designed, and I believe the long articles explaining each one are hidden behind the paywall. The magazine occasionally has some interesting articles, and there were a few terrific talks at the AAII convention I attended.

fwiw, I’m a lifetime AAII member, but rarely read the content anymore. It was much more valuable back in the in the 90s when info was harder to come by. Occasionally there’s something of interest, but there’s comparatively so much more information available now - and probably since I’ve been doing this so long now - that value is diminished substantially for me.

Unless things have changed, they have a windows based downloadable database and screener called Stock Investor Pro that in the past got a sizeable discount for AAII members, so if you want that product a membership probably makes sense for that purpose (I got the membership for that purpose alone). I liked and used SIPro for probably 20+yrs before coming to p123. Unfortunately it had no backtesting which became a bigger issue for me over time until I found p123. Unless they’ve changed things, it’s an old-school database format (FoxPro) whose user interface will seem aged, but is very functional screener and allows building custom formulas and allows setting up views with lots of data and exporting tables to excel for further work to feed into valuation models if you’re into that.

Hope this helps,

Thanks for the feedback Yuval and Spaceman. You’ve more or less confirmed my assumptions.

Cheers!
Ryan