Has the Internet Made Us Better Investors? [View article]
Although all the tools are out there, from a wide moat of new investment vehicles to websites, newsletters, and tv shows dedicated to analyzing them, I now see two fundamental problems.
1) This new internet frontier has increased the flow of information, both pro & con, so much so that it's becoming a level of "white noise". Everybody and their brother, including you & I, are now bloggers. In fact, I am amazed at the poor level of writing abilities, spelling, and grammar that I am seeing. It's a sad reflection of the state of our educational system. In that regard, it tends to create more confusion. Good for the brokers who make money on the buy & sell.
2) There are a lot of people out there who are trapped in crappy funds by their company plan, or trusting a financial advisor who works on commission. These are the very people who need to get out and learn how to research, invest and think for themselves.
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Although all the tools are out there, from a wide moat of new investment vehicles to websites, newsletters, and tv shows dedicated to analyzing them, I now see two fundamental problems.
May 01 09:40 am
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All Comments by bluesmoke »Has the Internet Made Us Better Investors? [View article]
1) This new internet frontier has increased the flow of information, both pro & con, so much so that it's becoming a level of "white noise". Everybody and their brother, including you & I, are now bloggers. In fact, I am amazed at the poor level of writing abilities, spelling, and grammar that I am seeing. It's a sad reflection of the state of our educational system. In that regard, it tends to create more confusion. Good for the brokers who make money on the buy & sell.
2) There are a lot of people out there who are trapped in crappy funds by their company plan, or trusting a financial advisor who works on commission. These are the very people who need to get out and learn how to research, invest and think for themselves.