No. of Recommendations: 0

Here a few things to think about:

1. The Foolish Four in all the variations have good years and bad years. You might want to try it with a small percentage of your net worth until you get comfortable.

2. Do consider the RP4 version. It is not so heavily biased against high price per share companies as the older or "small dogs" approach.

3. FF works much better in tax sheltered accounts. Otherwise you generate capital gains every year. Personally, I wouldn't use it at all except in a tax sheltered account.

4. Consider some low turnover index funds for your taxable accounts. Or, go buy and hold with some large cap growth stocks (rule makers.)

5. Waterhouse accounts work better with "spiders" than with no-load funds like Waterhouse. Spiders cost $12 per transaction, NLF's cost $25 (or is it $24.)

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.