Anybody know about or use the motley fool system?

Question

hey guys theres this website fool.com and im brand new to stocks and investing would this be a good ting or are these bad or rip offs?

Answer 1

The Motley Fool is a business and would not exist if it did not create a profit. Consequently they tend to blow their own horn to attract new business.

That does not make them bad or any kind of scam. I believe they offer a lot of good free advice and, unless it has changed recently, I think the "fool school" is a good way to learn a lot of good information about stocks.

I have bought one or two of their books from bookstores, but I have never paid for any on-line services or classes from them. I use the things I have learned from them in addition to other lessons I have learned.

In summary, my recommendation would be to learn what you can from them but learn from others as well. No one person or group has a monopoly on knowledge.

Answer 2

I have noticed that their information is a tad bit out of date, however, the theories and such and advice are fairly sound. Just don't go trusting their exact details, such as, the contribution limit is = x*x.  Their numbers are wrong all over.

Try this site below, it is in laymans terms and can be understood by someone without a financial background. Good luck.