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Having worked in financial services for 25 years I feel like I can attest to how much rubbish is spouted by financial advisors. Yes, some are good, but most are simply selling mutual funds with no expertise other than sales skills. I learned more about good long term, life changing investing and wealth management in the first year of a subscription than I did in the entire time I spent on Wall Street.
Tip for consumers:
Start out with Stock Advisor and Rule Breakers. Read everything, don't necessarily buy all the stocks, but get familiar with the philosophy. Follow it bit by bit and eventually your financial life will be sorted.
Products used:
Fool One
Justyn C.'s review of The Motley Fool earned 8 Very Helpful votes
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Quite enough information but lack forums and special chats soooooooooo that's a good 4, can do...
All you people complaining oh I'm down 50% its been two years. Listen its hold for a minimum of 5...
Thank you for the positive feedback!
It sounds like you’re building a diverse portfolio, which is great! We encourage our members to build a diverse portfolio of at least 10-15 stocks that they plan on holding for a minimum of 3-5 years. It’s our belief that this combination is the best way to counteract the whims of the market. One of the principal tenets here at The Motley Fool is that the best person to handle your finances is you. Although we provide research behind our recommendations, we encourage our members to do their own research as well. It is our firm belief that it serves every investor's best interest to encounter and consider opposing viewpoints.
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