To New Investors, Stay Away From Message Boards!
Published 11/6/07 (Modified 3/8/11)
To my fellow stock market investors, heed my warning as someone who has foolishly traded before on things he read about in an online discussion board. I regrettably did this when I was an investing novice back in college and got hammered big time. If you are a new investor, you should absolutely stay away from stock related discussion boards like the ones you find on Yahoo or Google Finance. Google Finance is not as bad as Yahoo, but both should be avoided like the plague.
It Is All Too Easy To Get Influenced, Especially If You Are a New Investor