Does anyone follow the Motley Fool’s advice?

[Anonymous]

Do you buy the stocks they recommend? They claim to have recommended Nvidia early on.
Or is this some kind of scam? But I don’t even have to subscribe, they hint at a stock, I ask ChatGPT what they mean and buy a little.

[Anonymous]

As a general rule no, but from time to time they make good suggestions. Only follow up after doing my own research.

[Anonymous]

It's not a scam to pay for a newsletter. Whether it's worth it to you or not depends on you.
I paid for their newsletter for a year, several years ago, and it was overall helpful. I did buy Nvidia on their recommendation although I sold before it got big, oops.

[Anonymous]

No. They sell something, are too basic, too safe and too repetitive. But Voo for the next 20 years and done.

[Anonymous]

I was its past subscriber . No I didn’t make money from it, actually I lost money. My pick is much better.

[Anonymous]

I was a subscriber for years when they first came out and definitely did well. Though I wish I’d bought Netflix when they first suggested it. I thought they would be obsolete à la Blockbuster, but the co pivoted well. Thank goodness I bought Apple when they suggested. I mostly followed David’s picks.

Also, 7:59 is flat out wrong.

[Anonymous]

Anonymous wrote:It's not a scam to pay for a newsletter. Whether it's worth it to you or not depends on you.
I paid for their newsletter for a year, several years ago, and it was overall helpful. I did buy Nvidia on their recommendation although I sold before it got big, oops.

Well scam was probably a poor word choice but I mean is it even worth it.
Did you buy any other stocks from the same newsletter? How did they do?
I’ve researched a little and it seems like they predict 1-2 stocks correctly and they carry the whole portfolio, so ideally one should buy all or most of what they recommend (unless they want to do their own additional research)

[Anonymous]

Anonymous wrote:No. They sell something, are too basic, too safe and too repetitive. But Voo for the next 20 years and done.

I buy FXAIX mostly but I wanted to spice it up a little haha

[Anonymous]

Anonymous wrote:I was a subscriber for years when they first came out and definitely did well. Though I wish I’d bought Netflix when they first suggested it. I thought they would be obsolete à la Blockbuster, but the co pivoted well. Thank goodness I bought Apple when they suggested. I mostly followed David’s picks.

Also, 7:59 is flat out wrong.

Thank you! Why did you stop buying eventually? Would you recommend it to your kids or use it to drive your kids portfolio?
My son has a small Roth IRA and I wanted to set him up with something besides the index funds. Something he’ll remember me by in 25 years!
Heck I’d buy for myself too

[Anonymous]

Motley fool started out like bogleheads -- encouraging people to buy and hold low fee mutual funds-- but then they realized there isn't much money to be made doing that so they started recommending individual stocks to subscribers.

They recommend so many that it's not surprising that some of them do well. I really doubt that a motley fool portfolio would have done better than an index fund though.

[Anonymous]

I listen to their stuff out of curiosity but have not found their picks to be revolutionary.

[Anonymous]

Anonymous wrote:Motley fool started out like bogleheads -- encouraging people to buy and hold low fee mutual funds-- but then they realized there isn't much money to be made doing that so they started recommending individual stocks to subscribers.

They recommend so many that it's not surprising that some of them do well. I really doubt that a motley fool portfolio would have done better than an index fund though.

Wut? Low fee index funds are an excellent way to grow wealth.

[Anonymous]

I used to read them, back in the day. They helped educate me on basic investment knowledge, but I don't think they're meant to be followed religiously, and I certainly did not do that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I was a subscriber for years when they first came out and definitely did well. Though I wish I’d bought Netflix when they first suggested it. I thought they would be obsolete à la Blockbuster, but the co pivoted well. Thank goodness I bought Apple when they suggested. I mostly followed David’s picks.

Also, 7:59 is flat out wrong.

Thank you! Why did you stop buying eventually? Would you recommend it to your kids or use it to drive your kids portfolio?
My son has a small Roth IRA and I wanted to set him up with something besides the index funds. Something he’ll remember me by in 25 years!
Heck I’d buy for myself too

I stopped because I was tired of keeping up on individual stocks. While I had a general stock fund, I mostly followed it over our IRAs. I was more aggressive with my IRA than DH’s and I was about 15-20% over his. There was a group of 3 women at our cubicle farm who talked stocks, which is how we got into them (as they’d just started). Remember that with all the breakouts I had, there were also clunkers—which is going to be true for anyone. Also, if you don’t follow them 100% you’ll never get their gains because you’re just shooting at fish in a barrel, even if you’re ahead of the market.

I think people are confusing Stock Advisor with other MF recommendations. Yes, they have a basic approach to investing, but SA has 2 recommendations a month—one from each brother. They also, in the past, used a 10 BUY NOW stocks to be your entry point.

I tried to get my oldest son interested in college, but he wasn’t at all. I’ve also talked about investing and helped them invest for years. The oldest is now in finance, and bought some, but I think is already just doing funds, while the youngest just doesn’t like anything to do with money.

Maybe you could do it for your son for a year? Like a project together?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Motley fool started out like bogleheads -- encouraging people to buy and hold low fee mutual funds-- but then they realized there isn't much money to be made doing that so they started recommending individual stocks to subscribers.

They recommend so many that it's not surprising that some of them do well. I really doubt that a motley fool portfolio would have done better than an index fund though.

Wut? Low fee index funds are an excellent way to grow wealth.

Yeah, no sh*t, that's exactly what the poster is saying. They're saying there's not much money to be made by the MOTLEY FOOL by just recommending boring actual good strategies.