Investing for the Smart Guys
If you’ve followed the stock market lately, you know that everyone has been in for a roller coaster ride whether they wanted that thrill or not. Luckily, there are places out there that can help offer some sound investing advice such as Inner 8.
Inner8 takes a bit of a unique approach to investing in that instead of just being another site where you can look up stock quotes they actually link you in with other investors like you. You build a circle of people that you trust and you can see the accuracy of their predictions and what stocks they are interested in as well as their price targets. Using this information you can then set your own price targets and which stocks you want to buy or sell. As your accuracy grows other people will turn to you for advice thus completing the sharing of knowledge.
I think Inner8 sounds like a pretty neat idea since instead of relying on analysts who work for firms that are now going bankrupt and work on commission, you work with other investors who share the same goal as you: to make money. As they share advice and you see how accurate their insights are, you can trust them more and can help each other. Everyone has a different background in life, and some people are going to be more knowledgeable than others about certain types of stocks such as energy stocks, utilities, banks, or even commodities. Instead of guessing which stocks to invest in, why not use the expert knowledge of other people and share your expertise as well?
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