The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: MF as basis for IRA investments||Date: 3/1/2014 10:53 PM|
|Author: DrTarr||Number: 74357 of 81985|
Well, You noted that the managed portfolio was really only below the index by the management fee. David Gardner (Fool) is providing a management platform with the Rule Breakers and at 499 for two years, that is probably less that what you were paying (depending on your "quite a bit of money" amount and trading). So from that angle, seems like for you it might be a good idea for you.
You could buy the market index as suggested by Peter (which is sound advice for passive investing and really not malpractice) and I might also suggest sticking with some index funds because you said you probably wouldn't even read the paper, just take the suggestions and run.
But it seems like you don't want to double up on the index and you would like to experiment, or swing a little harder for the fence with some "play" money. So, I can say that I had Hidden Gems (which was Tom's paper) for a while ((and I still didn't get the route 66 symbol, Whats up with that???) Anyway) and I think the Brothers both put effort and quality into their papers which for 200 a year, that is relatively cheap.
I can't speak for the specific paper....But following the advice is easy, comes in your mail and you just buy. I say go for it with the caveat that this is free internet rambling (not advice) from some one you don't know! But also I suggest you spend a couple of minutes reading them just to make sure you have some diversification if your only going to pick a few of them!
Who quit Hidden Gems cause he went to work for a Broker-Dealer with really good research and who is still bitter about the Old School Route 66 symbol - :)
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|