Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 3
Hi, Nadine. I'll try to help.

First, if you are a subscriber to Stock Advisor, please be aware this is a public discussion board. Your service has proprietary boards that can be found by selecting the service from the My Services menu at the top of this page, then selecting the Community tab.

The rest of these I will speak using general non-service-specific terms.

There is no single way to use the premium services. An advisory service like Stock Advisor recommends more companies than one Fool can possibly own. My personal suggestion (and note that I am not offering investing advice) is to look first at the Best Buy Now recommendations that are also Starter Stock companies, followed by the remaining Best Buy Now recommendations, and then the remaining Starter Stock companies. This will help you build a solid SA portfolio.

On the question of how many stocks to own, I'm the wrong person to ask. If you look at my Disclosure link below, you'll see I own over 100 positions. I've been at it for 20+ years though. But first, I want you to not think of it in terms of owning stocks but investing in companies. And the question I think you should ask yourself is how many companies can I reasonably follow, to be able to remember what they do, how they do it, and what their growth strategy is.

Tom and David Gardner often recommend a Fool own at least 15-20 positions in order to achieve decent diversification, but that can be a goal if you are starting with limited cash, and it's not a maximum if you want to expand your portfolio further.

As to whether you add onto an existing position or open a new one, I would encourage you to build a Buy Watchlist in which you identify companies in which you have high conviction and would buy or add to if and when the market offers a discount opportunity. Then when that opportunity comes along, like this past week for many companies, you are all set and ready to go.

I am not an expert on 403b and TSP accounts, but I believe they are indepenent of each other. I would encourage you to go to the 401k discussion board for advice and ask for AJ85:

http://boards.fool.com/foolish-401ks-100160.aspx

Fuskie
Who thanks you for your service to our country...

-----
Ticker Guide: The Walt Disney Company (DIS), Intuit (INTU), Live Nation (LYV), CME Group (CME), MongoDB (MDB), Trip Advisor (TRIP), Vivendi SA (VIVHY), Mimecast (MIME), DHX Media (DHXM), Royce Micro Capital Trust (RMT)
Disclaimer: This post is non-professional and should not be construed as direct, individual or accurate advice
Disclosure: May own shares of some, many or all of the companies mentioned in this post (tinyurl.com/FuskieDisclosure)
Fool Code of Conduct: https://www.fool.com/legal/the-motley-fools-rules.aspx#Condu...
Call to Action: If you like this or any other post, Rec it. Better yet, reply to it. Even better, start your own thread. This is YOUR TMF Community!
Print the post  

Announcements

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.