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Million Dollar Portfolio

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Rating: 3.2/5. From 9 votes.
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Rating: 2.9/5. From 11 votes.
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Rating: 3.6/5. From 9 votes.
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Rating: 2.1/5. From 9 votes.
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Duane Strickland
Duane Strickland
January 28, 2009 9:36 am

The goal of the Motley Fool Million Dollar Portfolio is to outperform the S&P500 by 15% per year. MDP started with One Million Dollars and have invested most of the money already. They advertise to subscribers what they are buying, what percentage of the portfolio they will use and announce that they will buy between 3 and 30 days. The subscriber should mimic their moves to get the same results. They are currently close to the results of the S&P500. I joined in October 2008 when they had already lost around 30%. I purchased most of their recommendations (a couple of the stocks I already owned from another service MF has) and am currently losing 28% (not counting 2 positions I have closed already with comparable losses). They seem to be reluctant to sell any stocks. Out of 22 different stocks that I purchased only 1 is currently gaining by about 7%. My losers are down as much as 82%. There are several financial stocks involved. The service is expensive and I have no confidence in it, therefore I cancelled it last week.

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Lucca 27
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Lucca 27
January 31, 2009 10:33 am

I subscribe to PRO, Stock Advisor, Million Dollar Portfolio, Global Gains, Hidden Gems and Rule Br