No. of Recommendations: 4
I was curious to learn my fellow DRIPers opinion of the TMF. Specifically as a source of investing advice. I'm not talking about the advice received on this and other sites from average folks like us. I'm talking about the advice that TMF gives out.

Looking back on it, I see that most of their mantra has been repudiated by the market. Their RuleMaker theory of finding quality companies, buying them at any price, because eventually having those companies in your portfolio will lead to success has resulted in nail-biting losses. I know they backed off the buy at any price part late in the game. But, for a long time, that was their opinion.

Their RuleBreaker port and it's decimation speaks for itself.

Anyone recall the cornerstone of TMF - The Foolish Four! Even they admitted that the theory was baseless and there was no correlation between buying those 4 stocks and beating the market average on a yearly basis.

Closer to home, I even think their DRIP port is lame. Campbell Soup! And, with all due respect to those who DRIP it - Intel! Intel, a company that pays what, a $.02 dividend. And now they are considering adding Paychex to the post. Paychex - a company that trades at a multiple that is mindboggling. Sorry, I don't get it.

Lastly, I watched one of their Gardner Brothers public television hourly specials the other night and it was mildly entertaing but the only thing I gleamed from it in an hour was "get out of debt" and "did you know you can call your credit card company and ask them to lower your interest rate." I mean, it was hardly cutting edge stuff folks.

That's the end of my rant. I appreciate the forum TMF has offered us to exchange ideas. For me, this site has been a Godsend. But the knowledge gleamed here has been from individuals - George Fisher, Jenn, Dave Fish, exilion, even Opera Bob manages a coherent thought on occasion. I can't think of much of value I've learned that came from someone with a TMF username. Am I off base here? Any thoughts?


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