The Motley Fool is essentially a stock advisory service. They started out as a newsletter, that would give you stock recommendations. Now they have grown into a full service money management firm.
Some of you may have heard the term “Bogleheads.” These are people that subscribe to the basic investing philosophy of John Bogle, founder of the well known financial firm, Vanguard.
This method is a little similar to the Motley Fool method, in that your portfolio may be made up of individual stocks. The difference is that these stocks would not be “growth stocks.”
“Fixed income” is another term for bonds. Remember bonds are basically loans you make to governments or companies where they have promised to pay you a specific interest rate for the loan.