A real financial community is near

There is so much I am excited about as Web 2.0 proliferates. I think the area most likely to benefit is the financial community. There are bits and pieces all over – just look at my blogroll.

Here is why:

1. The tools are available to put a good community together

2. Stock bloggers are out in full force

3. The content is GOOD

4. Advertising is not important to us – making smart decisions is – so if we can create a smart community, it will survive on it’s own

Here is what our community of bloggers needs to do more of:

1. LINK, LINK, LINK (linking means location, location, location is not as important)

2. TAG, TAG, TAG

3. VIDEO

4. BEHAVE – different opinions are what make markets.

5. Respond to comment – we are pretty good at that.

One tool that I like is MyBlogLog . I get my stats from them and I have started to put the face to the name and see who my readers are as they sign up for the service.

It is like a MySpace for 40-year old stock market junkies. I think it has great potential as a community builder in the stock community. Try it out and join my stock community.

Although I have not activated it yet, I will today, CoComment is a cool tool to track the different conversations you have going.

A new idea comes from Feedburner that will allow people to create networks of feeds and split advertising revenue. I am going to be creating one for them and it seems like a good idea. Time will tell. At least they are offering an advertising revenue split and helping build the ad network.

Any tools and ideas I have missed?

4 comments

  1. candice says:

    I think the lack of advertising is part of the key for this group. You folk all already make money, and therefore don’t really want to get rich via blogging.

  2. Mr Angry says:

    MySpace for 40 year old stock market junkies – love it! Have you talked to them about using that line in their advertising?

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