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Why no investment forum

edda
Posts: 1,057 Forumite

Looking back over the past 2-3 years, there have been several requests for an investment forum. The last major reorganisation of this site is now over 6 months old, yet we still don't have one.
Ignoring the debates over whether it should be a forum in its own right or a sub-forum; what it should be called; why this site isn't for investment advice etc....
It's a pain trying to find info about shares, hedge funds, currency speculation or whatever in the midst of lots of savings threads. Also, mixing safer cash savings with potentially risky investments can be confusing for less money-aware people (there's always someone who knows more than me).
Several people have asked for this in the past - and expressd themselves much better than I have. But I haven't found a satisfactory reply why the request has never been agreed.
Ignoring the debates over whether it should be a forum in its own right or a sub-forum; what it should be called; why this site isn't for investment advice etc....
It's a pain trying to find info about shares, hedge funds, currency speculation or whatever in the midst of lots of savings threads. Also, mixing safer cash savings with potentially risky investments can be confusing for less money-aware people (there's always someone who knows more than me).
Several people have asked for this in the past - and expressd themselves much better than I have. But I haven't found a satisfactory reply why the request has never been agreed.
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Comments
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Thanks for your reply EL but I don't think that it answers my query.
People post questions such as 'should I invest in an ISA or pay some off my mortgage' without any problem. What is the issue with posting something like 'what is an index tracker' or 'What is the cheapest way to sell my gas shares'?
And why does this stop a request for a separate forum?0 -
There is a savings and investment forum,
http://forums.moneysavingexpert.com/forumdisplay.html?f=17
You could try posting your questions about your investments there??Always get a Qualified opinion - My qualifications are that I am OLD and GRUMPY:p:p0 -
Hi edda
Just a note to reiterate what was said in the post Edinburghlass linked to:
What you can’t do
This Forum isn’t a place for what’s technically known as ‘making investment arrangements’ and so we are not therefore the FSA regulation isn’t applicable. Plus there are specific guidelines detailing this with the FSA, that mean that a Forum cannot be held responsible for information given out by unrelated posters on the Forum (though of course that’s the FSA there are still normal legal requirements).
Having checked this out, to comply with FSA guidelines, I’ve updated the site’s Terms and Conditions to specify exactly what they are.
Let me just spell that out here too.
You may NOT:
Use the forum to give investment advice by way of business, make financial promotions or make misleading statements with a view to manipulating market prices.Could you do with a Money Makeover?
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