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Announcing InvestChat (previously known as InvestEd)

Discussion in 'Other Asset Classes' started by Simon Hampel, 16th Sep, 2016.

  1. kamchatsky

    kamchatsky Well-Known Member

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    The challenge is that if there are more traders coming to this, and it just become ramping (both ways) party. It could consume a lot of your time. Sometimes I think it is worth while just restricting to say ASX200 or 300 stocks. It is all those microcap stocks that gets the most ramps.
     
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  2. Simon Hampel

    Simon Hampel Founder Staff Member

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    At the end of the day, on a busy forum there is typically more content that you can consume anyway - so you need to be selective about what you read.

    If you aren't into microcap stocks, stay away from the microcap threads. The moderators can help keep the traders from taking investment threads off track.

    If there are people whose opinions you simply have no time for, you just use the ignore feature and problem solved :D

    FWIW, I already removed the "Trading" section of the new site the other day before we even started this discussion - as I said, I have no intention of turning the site into another share trading forum, there's plenty of those already.

    If you think there is content which crosses the line as to what is reasonable, feel free to use the "report" feature to bring it to my attention so I can assess what action might be necessary.
     
  3. S1mon

    S1mon Well-Known Member

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    its already trading, market cap of 28 mill :eek:

     
  4. Heinz57

    Heinz57 Well-Known Member

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    Thanks for the reminder I had forgotten about investEd
     
  5. The Falcon

    The Falcon Well-Known Member

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    Hi Simon, what's going to happen to this sub forum?
     
  6. austing

    austing Well-Known Member

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    After all my huffing and puffing I'd be willing to give the new site a second chance provided the existing information here can be LINKED or COPIED across and strict moderation enforced to keep the idiots under control. If the information here can't be accessed from InvestChat we'll end up having to repeat old information all over again which I'm not prepared to do.

    Anyhow I've emailed SIM to see if this is possible.

    What do others think of this idea?
     
  7. Hodor

    Hodor Well-Known Member

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    I like hiding out here, compresses information and ideas into just a few threads without so much sifting through rubbish.

    Still I signed up and will give it a go. I'll follow both for a while and see what works best for me.
     
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  8. RenegadeDom

    RenegadeDom Well-Known Member

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    Just signed up, will give it a look here and there, if not PC for me
     
  9. austing

    austing Well-Known Member

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    The advantage of having say a dedicated LIC thread is that you can group posts under meaningful headings which might make it easier to home in on the LIC topics of interest. Here at PC the LIC thread is over 50 pages covering everything from beginners to advanced topics. Many beginners don't have the patience to read it all or forget by the time they get through it all. If it was grouped under headers such as "LIC Basics" a newbie could start there rather than having to wade through everything.
     
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  10. The Falcon

    The Falcon Well-Known Member

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    Can't say I'm particularly enthusiastic about the move.
    This section works as its off the radar. I'd be unlikely to move over.
     
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  11. trinity168

    trinity168 Well-Known Member

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    I
    Yes - a cross link is definitely good. No point repeating. The LIC thread was over 50 pages, and I realized myself, after asking a question, that it had already been discussed somewhere in those 50 pages.

    Myself, like @Anne11 follow the posters, such as @austing @The Falcon @jhmtaylor @BingoMaster quality and generous mentors is what I am after. ( And am very thankful to these guys and for this forum for providing the infrastructure )
     
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  12. Hodor

    Hodor Well-Known Member

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    You're probably right, very lucky I was following when the thread started.

    Knowing the gold in there I am planning to spend some time re-reading it all in detail and making notes etc on key points as I keep forgetting things.
     
  13. Wukong

    Wukong Well-Known Member

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    This thread within PC has grown to be one of the best threads around a thanks to the select few who's been advocating value and long term investing

    It's off the radar as @The Falcon says. It's really helped my understanding of value investing.

    For something like this, rather not have the conversation polluted with all other methods or 'trading' investing.

    This thread did go off tangent a couple times with adding further complexities and fine tuning.

    @austing always showed Peter Thornhills graph. That was all I needed to stay on track.

    Definitely a keep it simple approach is better here.

    These days, the property section is starting to lack in quality with a lot of nonsense and spruiking going on.

    Obviously Sim has a business to run and it's a profit/ loss decision as well to generate revenue via site traffic and advertising.
     
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  14. Simon Hampel

    Simon Hampel Founder Staff Member

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    In general I would prefer to see individual threads about a specific LIC, which would make it easy for new people to catch up on the discussion to date and browse through content to find what they are looking for.

    It's also easier for people to find content that's relevant to them - since it's more obvious to read the "ARG" thread than to try and read through 50+ pages of a "LIC" thread.

    That's not something I'll enforce - just what I'd encourage. If someone on InvestChat started a new thread about a specific LIC and the discussion started moving towards a different LIC, I'd typically split the thread to keep it on topic. If you think that should happen with any thread (here or on InvestChat), just use the Report function to bring it to my attention.

    Unless people really want me to - I don't intend to do anything with the current LIC thread. It's not ideal to have discussion in two places, but I'm also not here to stop people having conversations - I'm here to try and encourage more (and better) conversation.

    That being said - I do think the current single thread about all LICs is too long and too difficult for new people to keep track of.

    What I'd love to see is some new (perhaps individual LIC specific) discussion start up on InvestChat to try and kick start things over there - and I'd love as many of our PropertyChat contributors who are passionate (or keen to learn) to join us over there as well.

    It's only day two for the new site, so it's going to take a while to find its feet - and there's still a lot of cleanup I have left. We have a great community here on PropertyChat, I'd like to try and rebuild InvestChat to be just as strong with meaningful, respectful conversation.

    I'm always keen for feedback and suggestions on how to improve things - so please do let me know your thoughts (in private if necessary, or in the help and feedback forums), and I'll be glad to discuss it with you.
     
    Last edited: 17th Sep, 2016
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  15. Simon Hampel

    Simon Hampel Founder Staff Member

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    If you feel a thread is being taken off topic - just report it and let the moderators deal with it. That's what they're here for.

    Just to reiterate points I made earlier - I see the "trading vs investing" argument to be largely the same kind of thing as the "cashflow vs capital growth" or the "buy and hold vs buy/add-value/sell" arguments we have here on PropertyChat.

    There's room for both on the site and unless the thread is about "which approach is better?", generally there should be no reason for the traders to pollute an investing thread. If you feel the traders are derailing threads, just report it and I'll deal with it.
     
  16. oki doki

    oki doki Well-Known Member

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    Good for you.
    Can I ask, is it viable to run a forum with no subscriptions but just ad income?? Maybe I should start a specialist forum..such as for all persian speaking property investors.:)
     
  17. Simon Hampel

    Simon Hampel Founder Staff Member

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    Not really anymore. Very few sites make good money out of advertising alone. There's a reason why "old media" is going out of business. With the right niche (and high traffic volumes) you can make good money out of advertising - but it's fickle and consumer demands are changing.
     
  18. oki doki

    oki doki Well-Known Member

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    Oh ok, so how does one make money by launching forums? Also there are costs involved.
     
  19. Simon Hampel

    Simon Hampel Founder Staff Member

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    You don't make money by "launching" a forum, you make money by building a community and a website which gets a lot of traffic (or niche content people are willing to pay to access).

    PropertyChat only grew as fast as it did because I was able to take over the well established community on Somersoft when that site was archived - and it took 15 years to build Somersoft to the level it was at that point. InvestEd/InvestChat has been operating for 11 years now and while we made some good money from it in the early days, it has struggled in the post-GFC era with low traffic and advertising revenue dropping.

    It doesn't cost much to launch a forum (which is why there are thousands of them out there), but it takes a lot of time and effort to build a successful community. Most of the forums that get started by people never grow much.
     
  20. Player

    Player Well-Known Member

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    @Simon Hampel just popped over to the rebranded forum and shall make a point of visiting more often than the original site which I hadn't been to in years.

    Just a suggestion, could there be a sub forum on Alternatives such as Start up investing, angel finance , private equity and the like. Maybe it could be under the Direct Investments section. With crowd funding both product and equity based and the rapidly evolving platforms that allow direct investing in classes previously restricted to sophisticated investors this may be a growing area.