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Investing & Financing: Investoid up and running

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      CommentAuthorjdoc
    • CommentTimeFeb 17th 2007
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    Hi YGGers,

    I've decided to start up a blog on my favourite topic - finance and investing. The blog is called Investoid and it's about an hour old now.

    There are some good bloggers out there in this field already, but there's a couple of things that I think I can do that are relatively uncommon:

    1) Go beyond the personal finance topics that most bloggers talk about and get into some more quantitative analysis of issues that affect typical investors.

    2) Provide specific stock recommendations a-la marketocracy, stockpickr and the like. These will all be one-off recommendations that don't take into account overall portfolio allocation, just stocks or other securities that I think can provide market beating returns. I'll give specific buy/sell/hold/short recommendations and have a running tally of how they're doing (no recommending without accountability).

    I'd like to hear your comments on content, layout, etc. Thanks.

    Investoid - Finance and Investing in Perspective
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      CommentAuthorrosshill
    • CommentTimeFeb 17th 2007
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    Sounds good, but have you asked a lawyer about how any of this stuff works? I know in Australia at least the financial industry is heavily policed and giving out recommendations isn't something that you can do without a certification.

    I'm Ross Hill. I interview business folks at HatchThat.
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      CommentAuthorjam
    • CommentTimeFeb 18th 2007
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    I agree with Ross, you will get in allot of trouble...

    You can’t give "recommendations" just opinions

    Talk to a lawyer and get a good disclaimer

    Jamison Banham - Freelance Web Design
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      CommentAuthorjdoc
    • CommentTimeFeb 18th 2007 edited
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    Yeah, the disclaimer's there. Our country has province by province securities regulators, each of which have their own definitions of what constitutes financial advice. I agree that the word recommendations could be an issue, so I'm going to change that to 'opinion'.

    Basically I won't do anything that I couldn't do using something like Stockpickr or SocialPicks. The only reason I won't be putting it on there is because they only allow you to input US-listed stocks.

    Thanks for the comments.

    Investoid - Finance and Investing in Perspective

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