I can't believe Gail took and passed the CSC, then went back to MF's. 

I am over 80% equities and am only now reading the CSC texts (thanks again for the suggestion and the link Sandia). I may even take the course once I am done reading the texts.  To me it seems a waste to join an 'investment club', pass the CSC course and still own no individual stocks. 

As for a 'hands free' portfolio, I don't think I made 10 trades this year and am up over 20%. I admit that the most indexes were up almost as much, but with very few trades (basically reinvesting dividends and contributions) I beat the indexes. 

I guess individual stocks will always be outside some people's comfort zone.