Chapter 7
Connecting with Other Investors Online
IN THIS CHAPTER
Discussing stocks with others on stock message boards
Understanding the dangers of penny stocks
Joining investment clubs, both online and offline
Taking advantage of general social networking sites such as Twitter and Facebook
Sorting the valid information from the garbage
Investing used to be a solitary pursuit. Investors would analyze stocks, bonds, and other assets to decide which ones to add to their portfolios. Sometimes a financial advisor or a broker might be summoned for help or advice.
But all that’s changing as investors turn to the Internet for places to chat and compare ideas with others online. Online investors used to rely on stock message boards, often called chat boards, to trade stock tips, gossip, and hunches with each other. Stock message boards are still a way for some investors to connect, but they’ve become marginalized by new types of social media, including Twitter and Facebook. Social media turns ...
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