I’ve gone through much of the “material” written up on this website which is supposedly aimed at providing investors with knowledge on proper share/managed fund investing techniques.
I’ve come to the conclusion that much of the material presented is, to take a phrase from John Bogle, “… financial pornography” indeed they use provocative and seductive headlines like … “$1000 to $1,000,000” it’s all very slick and utterly convincing.
However as I kept reading, I noticed over and over again how many of the stories/articles wound up somehow directly or indirectly promoting one of their “how-to investment” services.
In fact many of the articles were basically advertisements for these services which may or may not be any good, I’ve never tried them, but to try and pass off these articles as “information” as opposed to “informercials” is plainly wrong in my book, perhaps even misleading or fraudulant conduct.
My overall thoughts on fool.com, it’s a site promoting itself as a place for financial education but is in actuality a front to lure would-be customers into using their “investment” services.
Financial Knowledge is the Key to Financial Prosperity