The Motley Fool Discussion Boards
Learning to Invest / Investing Beginners
|Subject: Re: investing 12k||Date: 9/19/2012 3:10 PM|
|Author: crikescrikes||Number: 26200 of 26988|
Here's what I suggest:
First put your name on the waiting list for a subscription to SuperNova newsletter (withdraw some money from your investments to pay the annual subscription if you need -- believe me the subscription is worth it).
In the meantime, buy whatever companies you understand from the Core List and best buys now list of the current Stock Advisor. With 12k, I would suggest dividing it among 15 companies. Only sell when SA recommends selling.
If you're paying for Stock Advisor, use it. In my opinion, new investors (even seasoned investors) would have a very difficult time beating the Foolish brothers portfolio performance over THE LONG TERM.
Read one of my previous post about the Rule of 72, and about doubling $1000 ten times, and about patience.
I started as a Fool over 15 years ago and Stock Advisor/SuperNova stock selections have made my portfolio ..... I'll just say "very green".
For me, I was never into crunching numbers, nor did I find looking at financial statements fun. I wanted to follow a proven system to double my money, with the least amount of work possible, so I kept it simple: Rule of 72. Stock Advisor/SuperNova. Follow. Patience.
Guess What? It works. And I'm sure a few other Fools agree.
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