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No. of Recommendations: 21
I have been following the discussions on this board for the last week and would like to toss out my opinion.
I have been a Motley Fool daily visitor for the last three years. And, yes, My Portfolio is a free service and that makes me a free-rider. But my devotion to the Motley Fool has impacted many purchases and I could connect a significant revenue stream to TMF and the companies that advertise on the Fool's site (The Money Paper, Buyandhold, E*Trade, The Motley Fool, The Foolanthropy, etc.).
The Motley Fool convinced me that DRiPs were the way to go.
The Motley Fool convinced me that accurately tracking your portfolio was of the utmost importance.
I believe there is still a lot of valuable content on the site, but if I have to change where I go to accurately track my portfolio, my ritual daily visits to the Fool will go away. I almost regret that this is true because I know that daily tracking is not critical, but it's a habit. And when that habit is broken I won't visit the Fool as much I should.
There has been no other web site that has held my patronage as long as The Motley Fool. I think this change jeopardizes that streak. I hope they understand that.
Meanwhile, I would like to know what The Motley Fool or others are suggesting for those of us with a significant number of DRiP accounts. Maybe I'll sign up for the Advisor program and ask there. See what their independent recommendation is for portfolio tracking.
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