dealing,

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.)

Cheers,
GW