Social Networking Hits Investing
More investors are meeting and sharing ideas in online trading communities. Should you base your portfolio moves on the wisdom of crowds?
by David Bogoslaw
For most equity investors, the wild market volatility of the past few weeks has been cause for gritted teeth and palpitating hearts. But a few who have become active in online trading communities took some solace in the fact that they at least had found a place where they can see how other investors are riding out the storm.
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Getting Personal
Investors Who Network Trade More
How Safe Are the Sites?
The Electronic Paper Trail
Something in Common
Not Another Facebook
Listening to the Feedback
Read the whole article from BusinessWeek.
P.S. I met this news while browsing LinkedIn's Q&A, where there was recently a nice topic- "A free, easy to use "Craigslist style" website that is made up of investors from all over the world?"
Keywords: Facebook, Investments, LinkedIn's Q&A, Social Networking, BusinessWeek
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