Morningstar Premium Review (2022 Update): Everything You Wanted To Know!

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Updated: September 14

By: Scam Risk - Expert Reviewer

Morningstar Premium

The company Morningstar is probably familiar to anybody who has done stock or mutual fund research. As one of the most reputable companies in the financial industry, it provides analyses and insights on individual stocks, mutual funds, and whole sectors.

It is comparable to other sites like Zacks Investment Research and Motley Fool Stock Advisor.

In this Morningstar review, we will discuss its details, pricing, and features, and then you can answer the question, “Is Morningstar premium worth it?”

This Morningstar Premium Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Table of Contents

Pros: What I Liked

  • Fund screener filters a wide variety of funds
  • Regularly updated ratings
  • Highly customizable premium fund screener
The Good

Cons: What I Didn't Like

  • The $30 monthly cost is high for small investors
  • Data cannot be easily exported to Excel
  • Stock rating tools fall short
The Bad


You probably discovered Morningstar Premium for the same reason you might have come across any other financial newsletter, stock trading service, or investment program:

Because you want more money in less time.

And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI). This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.

The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.

But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions. Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.

Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers. But in order to make that happen, you can NEVER miss a trade.

With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.

That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty. But what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Constantly monitoring your phone for buy/sell alerts
  • Obsessively watching charts and movement
  • The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
  • Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)? An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?

Still Getting Paid

If that sounds like something you’d be interested in, check out Digital Real Estate. 

However, if you’d still like to know more about Morningstar Premium, keep reading.

What Is Morningstar Premium?

What Is Morningstar Premium

Morningstar is n investment research firm based in Chicago and was formed in 1984. It has been regarded as a major player in the industry. A Morningstar investor can use the company’s information and tools to make better investment decisions.

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

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

Mobile App

Morningstar Premium offers iOS, Android, and iPad apps. The free app links to your Morningstar account. Security and new features are continuously added. Options include iPhone portfolio sync from the site to your phone. Instead of visiting the site, you can analyze stocks quickly using the phone app.

Morningstar Premium Stock Screener 

Morningstar Premium Stock Screener 

The premium fund screener lets you filter mutual funds by analyst grade ratings, category, or performance. Specific factors include Morningstar ratings, risk, sustainability, yearly returns, trailing returns, load-adjusted returns, tax cost ratio, and yield. (Not accessible in the free 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

Portfolio Manager

With the portfolio manager, you can keep track of your assets, assess your approach, and keep an eye out for new investment opportunities. The advantage is that the Morningstar reports are included as links in the table, making it simple for you to access them.

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

Analyst Reports

Morningstar analysts’ reports comprehensively assess their thoughts on a particular investment. It is up to the experts to predict the investment’s future. They also compare it to the Morningstar category and benchmark.

Article Archive

Different planning tools are available in Morningstar Premium. It covers personal finance, tax preparation, education and retirement savings, and retirement investments.

Similar Funds

Similar Funds

A Morningstar investor can also use the Similar Funds screener to discover additional funds similar to the one they are looking for. When seeking to lower your capital gains tax, this can be really helpful. Funds with comparable performance, allocation, and load/expense ratios will be shown to you through the tool’s comparison function. Replacing lost funds is also easy with this feature.

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?

How Much Does Morningstar Premium Cost

Access to Morningstar’s extensive stock, ETF, mutual fund, bond ratings, sophisticated screeners, and portfolio management tools are available to premium members of the site.

Morningstar Premium offers a free 7-day trial, so you can see whether it’s right for you.

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.

Is Morningstar Premium A Scam?

Is Morningstar Premium A Scam

So, is Morningstar Premium a scam? Not technically. You can make money with it, but it’s definitely not as easy as the company makes it sound. Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.

Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.

Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.

They don’t tell you about the 10 100% losers that came before. In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.

Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner. What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week? And what if you could double it next week?

Well, that’s the power of Digital Real Estate

It’s a true lifestyle business. Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:
  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

Saying goodbye to our job

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority. And they never have to worry about how to pay for the next trip, or consider asking for time off. If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

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:

What Is My Top Recommendation For Making Money In 2022?

Digital Real Estate

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs. While there may be no “perfect business”, the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.


1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day. This is only possible if you have an income stream that’s not tied to your time.

Jump All In

2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.

Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.

With Digital Real Estate, you own the assets, which means you have all the power and all the control.

Feeling Blessed

3. Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

Scott Lead Gen

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

Lance Lead Gen

4. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier. Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.


5. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others. But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses. You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

Boss of My Own Future

Now, the choice is yours. You could continue browsing, looking at opportunities like Morningstar Premium which could one day make you money. You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits. All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.

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