r/SeekingAlpha

I’ve subscribed to Alpha Picks and get the monthly recommendations, reports, and updates on changes to previous picks.

The thing is, there are quite a lot of stocks in the portfolio, and I’m not sure how to approach it.

For those of you who use Alpha Picks, do you pick a few stocks based on your own research, or do you pretty much follow all the recommendations and hold them long term?

Curious to hear how others use it in practice!

Started buying the Alpha Picks names in February, equal weights, about $1,500 each. As of this week that sleeve is down around 14% while my plain index money is up double digits. I know 8 months is nothing and the service says to hold for the long run. I'm not panicking, just reassessing what I pay for.

Premium on its own I actually use. The quant ratings and the dividend grades are a decent first filter, and some of the author articles are really good.

Picks is the part I'm questioning, because what I'm really doing is buying stocks I don't understand on someone else's say so, which is exactly the habit I wanted to break.

For people who have had both for a while, did Picks come good for you over a longer window? Did anyone drop Picks, keep Premium, and choose from the ratings themselves? Or did you move to something else entirely for the research side?

Long term holder, early 30s, not looking for trading tools.

Trying to pay off my student debt so I can buy a new car. I am down but have some used panties to sell. Any advice on where to find buyers?