If you’re looking to make a sound investment for either personal gain or to benefit your family; social media can help.
By getting social, you can expand your research efforts and gather valuable information on the investment process.
Here are just a few ways social media can help with your investment endeavors:
Investment Advice
Although registered investment advisors can’t give direct financial advice on social media, that doesn’t mean there isn’t investment tips and advice out there.
If you’re looking for helpful investment tips, you can always reach out to friends and family.
Gathering advice from your trusted loved ones is a great place to start, especially if your social connections have a successful history of investing.
However, if you don’t feel comfortable reaching out on social media, blogs are another great option.
Many investors are starting their own financial blogs where they can speak about their own investment experiences. These blogs aren’t direct advice, but they are extremely helpful if you’re getting your feet wet with investing.
Potential Investment Developments
If you think investing takes a significant amount of time to do it right, think again.
The article How to Start Investing: Part 2 mentions that investing in today’s financial landscape is quick and easy. Well, it’s true, especially if you utilize social media.
Thanks to pertinent social sites like Twitter, you can keep track of developing investment opportunities from companies themselves.
Whether it’s an emerging business venture or new company that’s a potential investment opportunity, Twitter is a great place to keep track of the movers, shakers, and up-and-comers.
Following Investment Columnists
The financial world is filled with investment columnists and authorities who are always on the cutting edge of finance. By following these columnists on sites like Facebook and Twitter, you’ll stay up to date on the most important investment news available.
Investment columnists devote their lives to finance and pour a ton of energy into their advice columns and social media posts.
This is insight you really can’t find anywhere else. Whether you’re interested in investing in stocks or emerging companies, following the right columnists will help you navigate the investment waters with ease.
Reading up on Forums
Everyone likes a good forum, especially when they’re about to venture into unknown territory.
Whether you’re new to the investment world or you’ve been around the block a few times, online forums are a great place to stay ahead of the investment curve.
Online forums are the perfect way to immerse yourself in the investment arena in which you’re interested.
You can either seek out forums on your own or use social media to track down the best forum for your needs.
Registered Investment Advisor Compliance
Before you delve into social media to up your investment game, it’s important to know about RIA compliances.
There are strict rules that RIAs must follow when it comes to the use of social media as a way to share investment advice. In order to play it safe, it’s wise to take all investment advice on social media with a grain of salt.
Use social advice to inform your decisions, not make them for you.
When it comes to sound investments, social media can definitely point you in the right direction.
Photo credit: Image courtesy of Shutterstock
from Darlene Milligan http://ift.tt/1JvZZZG via web design pricing guide
from Tumblr http://ift.tt/1FTQF30
No comments:
Post a Comment