16 months ago, October 2016, I found out that my 453k plan (deferred comp) had the option to trade via a Charles Schwab account.
At the same time a friend at work told me about Motley Fool and how she used it to make decisions on what stock to invest in.
And now you almost know the rest of the story.
I bought a good portion of their recommended starter stocks. I bought about 20% of FAANG before I new it was FAANG. Mainly because I use all those companies every day in my life. They were part of all the recommendations I had from Stock Adviser and towards the end of this period from Rule Breakers.
So I looked at my retirement plan today and for the last 12 months, March to March, I had a 31% increase in value of my stocks. Happy MoneySlob I am.
To make it sound even better, I had about 1/3 of my money in a 2020 target fund (that only made 8% which is ok for that close a sell date).
I also lost 6% total value in the corrections end of January.
So. . . onto a new faze in my life where I have “Saulsified” a majority of my holdings:
1–shrank the number of total companies, 2–upped the percentages that matched Saul’s, 3–added the few stocks he had that I didn’t.
4–continue to keep my cool and the faith taught to me by Dave Gardner that the market always goes up (sooner or later).
I understand. I need to back my decisions with actual review of corporate investor information.
I am learning more and more from the Knowledgebase articles 1,2,3.
But for now, I thought I would at least point myself the the same direction as those smarter than me on this forum thank you very much.
I am very grateful to Motley Fool. And this forum.