If you’re an investor or just an average consumer trying to manage life’s expenses, social media and the Internet provide a wealth of free advice and guidance. Blogs, discussion forums and social networking tools such as Twitter and Facebook provide so much information the trick is to be selective and discerning about the content.
My own tech journey began with the Web-based discussion forums that were popular in the 1990s. Many, such as canadianmoneyforum.com, are communities focused on investing and personal finance. You can learn from trusted regular posters at these forums.
Today, for me, forums have been supplanted by blogs and social media. Take Twitter, which I joined 18 months ago. To the unconverted who scorn Twitter’s 140-character maximum (imposed by the mobile devices for which it was originally designed), I reply that a typical Twitter feed is merely a headline and a link. And the link is not constrained by character or word count.
The real value of Twitter feeds is the website or blog to which many tweets are linked. Naturally, my own feed (twitter.com/jonchevreau) links to major news stories at this newspaper or my blog on the paper’s website at financialpost.com/wealthyboomer
But I also give equal time to “retweeting” content pointing to literally thousands of financial blogs …
Read the original article at Financialpost
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