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Looking for financial advice

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Vegebond View Drop Down

Joined: May/30/2020
Location: Memphis, TN
Status: Offline
Points: 2
Post Options Post Options   Thanks (0) Thanks(0)   Quote Vegebond Quote  Post ReplyReply Direct Link To This Post Topic: Looking for financial advice
    Posted: May/30/2020 at 7:31pm
ah, for a friend. Several of them actually.

I do not work in one of the fields that this site is geared towards. As a matter of fact, I manage inventory and run a horizontal band saw in a machine shop that manufactures titanium implants and stainless steel surgical instruments.

I have recently started playing with stock options. I have a fair amount of knowledge, but I can't honestly say I've been doing real well. I believe my problem is that I've been treating options as if they were stocks. Big difference.

As I write this, I have pretty much made up my mind to buy some puts on Wells Fargo tomorrow morning. Wish me luck.

Anyway, I recently found myself a killer web domain, and went to work building a website to facilitate discussion forums. For now, this includes a general discussion about investments, and another that deals specifically with equities. Long term, I'd like to have different forums for specific industry groups, one for stock options, one for commodities, and one for Forex.

Just so you understand, connecting financial advisors to potential clients is not what this website is about. However, I do think that would make an excellent foundation for what is to come later. For now, I'd like to persuade several financial advisors to register.

That way, when someone posts a question, such as, "How should I go about selecting a mutual fund for retirement?", or "I've been barely making ends meet with a minimum wage job, and I've just inherited $200,000. How should I go about managing all that money?", or "Is this a good time to invest in airline stocks?", you will have an opportunity to strut your stuff, and get a little free advertising.

Allen Montgomery
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helado View Drop Down
Senior Member
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The Resource

Joined: Jun/17/2013
Status: Offline
Points: 20848
Post Options Post Options   Thanks (0) Thanks(0)   Quote helado Quote  Post ReplyReply Direct Link To This Post Posted: May/30/2020 at 7:56pm
Thanks for the offer Allen,

But we're actually not permitted to do that.  We wouldn't satisfy a variety of "know your customer" requirements to dispense financial advice on the internet. 

We do wish you luck on your endeavor.
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.
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mindtech View Drop Down

Joined: Feb/18/2012
Location: Canada
Status: Offline
Points: 224
Post Options Post Options   Thanks (0) Thanks(0)   Quote mindtech Quote  Post ReplyReply Direct Link To This Post Posted: May/30/2020 at 11:57pm
Allen, you should be asking us about olive oil futures like the last guy was. You'd have more success here
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