Interested in stocks and bonds but don’t know how to start investing? If you have been reading my posts about Motley Fool Premium services, you might naturally be tempted to invest some money in some of these premium services. But where to start? That naturally depends greatly on your financial needs and goals.
There are services for a variety of needs and they come at a variety of price points. The best thing to do before looking at ANY of the service descriptions and payment options? Ask yourself a few simple questions first.
Why Do You Want To Start Investing?
What are my reasons for wanting to invest? If you are at the start of a career and are thinking about building a retirement nest egg, you have different needs than someone who is a mid-career executive toying with the idea of adding some riskier–but potentially more profitable–investment types to their portfolio.
And then there are people who are looking to make more money on their investments but don’t feel like speculating or trying riskier ventures like commodities or cryptocurrency. Where you fall in these categories is up to you, but the bottom line is that if you come to the Motley Fool Premium Services table with an idea of what kind of investor you’d like to be, the choices offered will be easier to sort through.
Motley Fool Premium Investing Services Options
Premium services start off at around $150 at press time, which is offered for the “Rule Your Retirement” guidance service. Among the services offered at this retirement-focused price point? Model portfolios “to help you create the best mix of investments using our allocation and rebalancing guidance”. There is also help with mutual funds and ETF fund recommendations.
Another service in roughly the same price range? The Stock Advisor option for $199 at press time. This is a service for those who want to get started investing in stocks and features two new stock picks each month, plus “Our team’s latest stock recommendations delivered monthly” among other services.
But these aren’t the only options–and these aren’t the only price points. The highest-cost Motley Fool Premium investing service option costs just under $14,000 per month. “One” is a high-value choice including “access to all Motley Fool stock services and CEO Tom Gardner’s Everlasting Portfolio”. That Everlasting Portfolio generates “extraordinary returns from ultra-long-term investing”.
Closer affordable? The Motley Fool Stock Advisor and Rule Breakers Bundle for $500 a month, which offers “double your amount of new monthly stock recommendations with this bundle” which promises to “unlock immediate access to the disruptive stocks our team believes have ‘maximum upside’ potential right now.
There are many other price points in ranges from a few hundred to a few thousand. Many will find the options priced closer to $200 to be the most useful to them in terms of where they are at. It’s not always necessary to start investing with one of the higher-priced plans if you feel the need to start small.
Those with more experience and more investment capital to use may find the pricier options are to their advantage proportional to their experience level and risk aversion.
Joe Wallace specializes in personal finance, military affairs, and consumer protection topics. Since 1995, his work has appeared on Air Force Television News, The Pentagon Channel, ABC and a variety of print and online publications. He is a 13-year Air Force veteran and collects unusual vinyl records, which gives him an excuse to write the vinyl blog Turntabling.net.