I once followed Motley Fool, but over time I found their opinions, most often, were only enticements to become a member. More often than not, they would praise a stock and at the end come up with line ''10 stocks we like better than XYZ".
I give M* and its member a plus 1 for exchanging sound investment ideas along with worthy debate.
Seeking Alpha seems to be following a similar path from backyard-mechanic-homebrew-style to paid subscription model and paywalls. I too applaud M* for keeping a channel open for direct peer-to-peer exchange. The recent adoption of a universal moderator seems to have been done with an appropriate touch that enhances the experience.
More of the same on Motley:
''If you are looking for stocks that are on sale, Exxon and Helmerich & Payne fit the bill -- and they also happen to be great companies. "
10 stocks we like better than ExxonMobil
Motley Fool was something that I really wanted to like, but I quickly lost my initial enthusiasm. Hard for me to articulate precisely why, although things like the aforementioned habit of writing up a stock and then "10 stocks we like way better" always makes me wonder why you don't write about those stocks instead of this dog. Seeking alpha, I used to be able to sign on, but then I couldn't, even though I hadn't changed anything, and it was too much of an effort after trying some initial things. I only have so much energy to expend on computer websites, and this one remains the only one that I really make an effort to keep up with, although these recent "improvements" have just about plucked my last nerve. But then, I just remind myself that I'm retired, and how much I'm enjoying it, and that puts things back into the proper perspective.
We all get many ideas from anonymous posters, investing sites and all the screaming talking heads. If you look at investing as some complicated procedure or worse yet a casino where you or someone else with charts, graphs or multiple degrees and publications can divine your future you’ve surrendered yourself to being whipsawed back and forth by the daily wall of woe.
By saving as much as possible from your working lifetime, a realistic view of your circumstances, maybe as little as a few well chosen investments that fit your temperament and with patience and compounding you may be well on your way to covering any shortfalls resulting from SS, any pensions or other sources of income.
When we started investing the DOW was about 750. We basically did the above, compounded everything and still have about half compounding in retirement. What do you think any compounded investments made long ago might be worth at DOW 27000?
steelpony, same here, my first investment (a mutual fund) was made somewhere in 1982 or thereabouts, and the DJIA was bouncing between the high 700s and low 800s. If only...
As for ideas, investing or otherwise, I have always considered it time well spent if I get even just one good idea, or a different way of looking at something, by reading, or an internet site, or a talking head, or whatever. I always liked the supermarket approach, take what you can use and leave everything else on the shelf.