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The
13 Steps to Investing Foolishly
Step 13: Get Fully Foolish
Sure,
you can read You Have More Than You Think, The Motley Fool
Investment Guide, and Rule Makers, Rule Breakers and be more
prepared to invest in today's hurly-burly markets than nine
out of ten people. But how can you become better able to handle
the twists and turns of individual stocks than 99 out of 100
investors? We've got six words for you, friend, and they ain't
"Call market predictor Elaine Garzarelli now." They
are "Check out The Motley Fool online." Online you
will find hundreds of additional educational and interactive
features, online discussions, and much, much, more.
So where
do you begin?
Get
Your Financial House In Order
Your first
goal should be to get your personal finances in tip-top shape
before embarking on any Foolish investing. In our Personal
Finance area, you'll find in-depth coverage on such matters
as getting a broker, paying for college, banking, taxes, investing
for kids, and buying insurance, homes, and cars.
Learn
the Basics of Investing
You can
then move over to the Fool's School for an explanation of
different investment vehicles, a tutorial on starting an investment
club, the lowdown on mutual funds, an area that tracks all
the major market indexes (including our own FOOL 50 Index),
and an explanation of dividend reinvestment plans.
You can
also hone in on How to Value Stocks, featuring articles on
how to value companies using earnings, cash flows, revenues,
and all sorts of stuff found on the balance sheet.
Help
Is on the Way
We also
provide a Help Desk, with everything from Foolishly Answered
Questions (FAQs) about anything imaginable to direct links
to our non-stop Ask a Foolish Question discussion board. We'll
answer your questions right there online. If you see any problems
or anything you'd like done more or done better, simply drop
a note at our Improve the Fool discussion board.
We
Walk the Walk
Plenty
of investment advisors are happy to tell you what they think
you should do. Very few are willing to put their money where
their mouth is and explain exactly how to manage a portfolio
using a specified investment approach -- warts and all. Even
fewer do so and whup the market.
We are
not investment advisors. But our real-money portfolios, which
you'll find in our Strategies area -- including the Rule Breaker
Portfolio, Rule Maker Portfolio, and Drip Portfolio, among
others -- illustrate the process of imperfectly managing your
own money while bettering the indexes over the long haul.
The results reflect all commissions and spreads that an individual
investor would be charged -- and we do aim to beat the S&P
500 handily over the long term.
These
portfolios are designed to answer that burning question: "How
do successful investors weigh the news and rumors that surround
their individual stocks?" Tune in whenever you're in
the mood to find out.
Generate
Investment Ideas
Our Strategies
area as well as our Fool News & Commentary will plug you
into the news coming out of companies you already own while
identifying other potential investment opportunities -- all
with a Foolish touch of analysis. Day in and day out, you'll
be exposed to issues and lessons important to individual investors.
For those
who cannot tune in on a daily basis, we offer an archive of
everything we publish in our Today's Features page. Bookmark
it and you'll never miss your favorite features again.
Our Quotes
& Data area offers a number of research resources, including
earnings estimates, press release databases, financial information,
and historical price charts for every stock out there. In
addition, you can plug into Securities and Exchange Commission
(SEC) filings and dig for all the cool facts and numbers that
will help you evaluate your investments.
Motley
Fool Research is a premium products area where we cover a
wide range of industries and individual companies. Whether
you're looking for quarterly reports on companies like Microsoft,
America Online, Intel, Starbucks, Yahoo! and many others,
or our Internet Report or Guide to Biotech Investing, you
can find it all in our Research area.
In other
corners of our forum, we bring you stock screens set to various
Foolish criteria and Duels featuring the pros and cons of
a popular stock in a Foolish debate. We also offer information
on conference calls and help locating those hard-to-find replay
numbers. When you're ready to start investing, we can even
help you open a discount brokerage account.
Talk
With Others
On our
thousands of discussion boards, you can debate the value of
publicly traded stocks, talk over the merits of a new approach
to investing, get money-saving tips, or just ask whatever
question happens to pop into your head. Try reading the Post
of the Day or the Fribble, examples of some of the best material
submitted by our readership.
Your
Fool
When you
register, you'll set up your own, customized Fool page. "My
Fool" allows you to quickly view your favorite message
boards, portfolios, and Fool features all on one page. You
can also change your Fool preferences such as your e-mail
address, your password, and your personal profile. Finally,
My Fool lists all of the perks we offer you as a member of
The Motley Fool. Check My Fool often to see the new offerings.
Bringing
It All Together
Investing
is not just something you do once -- it is an ongoing process
that requires time and attention. A solid, well-diversified
portfolio that moves beyond simply buying an index fund requires
work... work that you can do at The Motley Fool online, sharing
with other Fools as you go along. Whether it is in our educational
areas or out on the discussion boards, you can hang out with
Fools and beat the pants off Wall Street.
Welcome,
and Fool on!

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