AAII - Another shake down. Do I fight?

[Ironnan]

Years ago American Association of Individual Investors (AAII) sent me an offer for a "lifetime" membership which include one print magazine a month for the rest of my life should I select the $500 option. Typically $20/year, I did the math and elected the one time payment. I enjoy the print version, but the information is always posted online, but that is not the point.

Now, in 2023 I receive notice that I will have to pay a minimum of $2/year for the first year should I elect to continue to receive my monthly printed AAII magazines.

I accepted the fact that the cost of print and mailing has gone up (not my problem or fault) and went to pay the $2 yearly fee.

Now in small print is the following language is this:
The $2 annual contribution amount will increase to $5. All other price points will renew at their respective rates. You will always be notified in advance of any charge, and you can cancel at anytime.

I wrote a nasty response which I cannot print here as I am no lady when someone takes advantage of me, slipped the note in the postage paid envelope and put it in the mail.

What do you think?

[golfing eagles]

Years ago American Association of Individual Investors (AAII) sent me an offer for a "lifetime" membership which include one print magazine a month for the rest of my life should I select the $500 option. Typically $20/year, I did the math and elected the one time payment. I enjoy the print version, but the information is always posted online, but that is not the point.

Now, in 2023 I receive notice that I will have to pay a minimum of $2/year for the first year should I elect to continue to receive my monthly printed AAII magazines.

I accepted the fact that the cost of print and mailing has gone up (not my problem or fault) and went to pay the $2 yearly fee.

Now in small print is the following language is this:
The $2 annual contribution amount will increase to $5. All other price points will renew at their respective rates. You will always be notified in advance of any charge, and you can cancel at anytime.

I wrote a nasty response which I cannot print here as I am no lady when someone takes advantage of me, slipped the note in the postage paid envelope and put it in the mail.

What do you think?

This is a joke, right? $5????

Maybe start a go fund me page

[CoachKandSportsguy]

Now in small print is the following language is this:
The $2 annual contribution amount will increase to $5. All other price points will renew at their respective rates. You will always be notified in advance of any charge, and you can cancel at anytime.

I wrote a nasty response which I cannot print here as I am no lady when someone takes advantage of me, slipped the note in the postage paid envelope and put it in the mail.

What do you think?

I think that you need to learn to save the digital copy, and potentially print it off yourself if you choose to clutter up your office. I have nearly 10 years of Analytics Magazine in digital format for reading when i ever get around to it. And i also have a box of paper articles, which i have read once, from 2000

in 6 plus years of corporate finance work, i printed maybe 50 pages, from someone else's digital presentation. Everything I did was saved in digital format for reading and reviewing at any time in the future.

good luck, but that is why the paper cost is going up, because of people who don't know how to save digital copies. . .

[shut the front door]

You paid up front to receive a lifetime subscription that you won't realize any savings unless you live over 25 years?
I like your confidence!

[shaw8700@outlook.com]

Years ago American Association of Individual Investors (AAII) sent me an offer for a "lifetime" membership which include one print magazine a month for the rest of my life should I select the $500 option. Typically $20/year, I did the math and elected the one time payment. I enjoy the print version, but the information is always posted online, but that is not the point.

Now, in 2023 I receive notice that I will have to pay a minimum of $2/year for the first year should I elect to continue to receive my monthly printed AAII magazines.

I accepted the fact that the cost of print and mailing has gone up (not my problem or fault) and went to pay the $2 yearly fee.

Now in small print is the following language is this:
The $2 annual contribution amount will increase to $5. All other price points will renew at their respective rates. You will always be notified in advance of any charge, and you can cancel at anytime.

I wrote a nasty response which I cannot print here as I am no lady when someone takes advantage of me, slipped the note in the postage paid envelope and put it in the mail.

What do you think?

I think you’re getting ripped off. Sorry.

[coralway]

PT Barnum was right

[JohnN]

not worth the effort to be fighting it for $5 a year
take a deep breath and forget about fighting
either pay up or let it go

[Caymus]

AAII is a nonprofit organization. Consider it a donation.

[coralway]

Why do you need magazines? By the time they print it, mail it, it gets delivered to your home, and you read it - it’s ancient history. Every bit of up to the second financial data you are interested in is just a key stroke away.

[DAVES]

not worth the effort to be fighting it for $5 a year
take a deep breath and forget about fighting
either pay up or let it go

I do understand the OP. Ben Franklin said watch the pennies and the dollars will take care of themselves. I expect they are just tired of it. You commit to something, a contract and they decide to change the deal after BOTH parties agreed to the deal.

[DAVES]

AAII is a nonprofit organization. Consider it a donation.

I'm not familiar with AAll but for many organizations nonprofit is just a way to avoid taxes. Assuming it is a nonprofit corporation you can find out how much executives are paid etc.

[daniel200]

The first thing to do is to call them and explain why you should not have to pay.

I purchased a TMobile plan a few years ago that promised no price increases. Eventually they wanted to charge me for one of my free benefits included in the plan. I called them. They agreed not to charge me and the problem was solved. It’s worth a try.

[coffeebean]

This is a joke, right? $5????

Maybe start a go fund me page

GE......the OP is talking about no money but I get it. It is the PRINCIPLE. OP paid for a lifetime subscription for a one time fee. The company is reneging on the deal. Don't offer a "Lifetime" subscription for a one time payment and not factor in inflation. Again.......PRINCIPLE!

[golfing eagles]

GE......the OP is talking about no money but I get it. It is the PRINCIPLE. OP paid for a lifetime subscription for a one time fee. The company is reneging on the deal. Don't offer a "Lifetime" subscription for a one time payment and not factor in inflation. Again.......PRINCIPLE!

I get it too. If the OP wants to tilt at windmills over $5 (actually $3 since it is going up to $5 from $2), have at it. But I don't see the need to share it with all of us. I lost more than $3 in time just reading that nonsense.

[MrChip72]

If the OP is seriously affected by $5/year, then maybe AAII isn't helping them with good investing strategies very much.

[PersonOfInterest]

You should fight this extra fee which does not seem right. Current membership, which includes "Monthly Issues of the AAII Journal Mailed to Your Door" costs $49/yr. so I don't see how they can justify an additional fee if you truly have a lifetime membership.

[Papa_lecki]

There’s nothing to fight.

You bought a lifetime “membership”. You are not required to buy another membership.

They are requiring a $5 donation to a non profit.
You could chose to not make the $5 donation, and they chose to not send you the magazine. I think it’s a net win for them.

[Andyb]

I signed up for the lifetime membership, as well, and all correspondence has stopped a while back.

[CoachKandSportsguy]

I signed up for the lifetime membership, as well, and all correspondence has stopped a while back.

ALL correspondence stopped?

including digital (email) ??

[Runner187]

This is a joke, right? $5????

Maybe start a go fund me page

I own a bridge I could sell you if interested. It is the Brooklyn Bridge and it is lots of fun to watch the traffic.

[golfing eagles]

I own a bridge I could sell you if interested. It is the Brooklyn Bridge and it is lots of fun to watch the traffic.

And a new winner for the non-sequitur post of the day! Congratulations! :1rotfl::1rotfl::1rotfl: