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Tilted Cat Head
Administrator
Location: Manhattan, NY
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I've read this and agree that I'm not quite sure what kind of thing you are looking for.
I do get it's written based, and you want to network.
My suggestions are simple and you'll prove yourself not just in words, but in performance.
Community trading groups like:
CakeFinancial.com
Covestor.com
Quote:
As more individual investors like Wolff and Craft take control of researching and buying stocks, options, exchange-traded funds, and mutual funds online, they're joining a new generation of online investing communities to help them reach their goals. So instead of following recommendations from full-service brokers or advisers, for investment advice they're turning to people who are putting their own money on the line. The online investing communities take the old forums and message boards to the next level by offering tools to verify the track records of and rank up-and-coming investing gurus.
Unlike the social networking platforms TradeKing.com and Zecco.com, these new investing sites don't execute trades. What they're selling is the ability to pull in and aggregate trading data from members' existing brokerage accounts so they can track each person's total portfolio.
Tracking capability is important because these communities aim to level the playing field, paving the way for a new type of investment adviser, one who's more credible because you know what stocks he owns. Full-service brokerages and other incumbents are afraid of this, since nontransparency protects their profit margins, says Rikki Tahta, chief executive of New York-based Covestor.
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I've been looking into these sites more and more because the advice given is not just someone touting that they make huge returns, but they post their portfolio so that you can see what their tracking and just how they are doing. It's easy to talk that you're making money making the hype, but I don't believe it with investment banker types why should I trust some guy on the internet?
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