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<<I am finding the management of my discout brokerage stock portfolio tedious, ...Anybody got'ny ideas?>>
My first idea/suggestion is: Send me the $400 per month, and I'll give it back to you with 3% interest in 15 years. :)

Ok, if you don't like that idea here's some others.
1) Invest in a Keystone/5 or Formula90/5 portfolio, with a 1 year holding period. Use enough margin at the beginning of the year so that your $400 per month pays it off during that time.

2) Invest with an inactively managed mutual fund, and have them automatically take the $400 out of your checking account each month. I'd suggest looking into one of the O'Schaughnessey Cornerstone funds, or the Vanguard S&P500 or Vanguard Total Market index fund.

P.S. Don't spend that $300K before you get it!

Regards,
Ray
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