ED Magedson – Founder
The Motley Fool60 Charlotte Street ,London United Kingdom Internet United States of America
I foolishly stumbled upon this website (the motley fool - www.fool.co.uk) after searching the web for investment advice and community advice. I joined the discussion board and after several weeks of what I can only describe as "grooming" invested in a product which was discussed on the site. At the end of the day, with hindsight it is my own fault, but all said and done this website is a company which itself sells products and its discussion boards are not closely monitored since it freely advocates slander and self promotion - very clever really. Personally, I think you would get more honest and independent information from a Childs comic. If you look for investments on the internet, my advice is shop around - if a company seems to good to be true, has discussion boards which are easy to join and even easier to post upon and encourage their version of "freedom of speech" then run away as fast as you can. Looking on the web there are now several negative comments about this company and worryingly, when you take the time ( I wish I had) to read through all their so called "discussion boards" you will see that its always the same people making comment which makes me think its actually their own staff self promoting by being negative towards other. Im just waiting to see how their critique on the current markets - so far their " informed members seem to be sowing the seeds for a new product - so I can only say watch with caution. if you see something of interest within their site ask an impartial 3rd party - well 2 or 3 qualified people and then make your own mind up. (spend a little getting good advice or risk greater loss)
This report was posted on Ripoff Report on 11/25/2010 09:31 AM and is a permanent record located here: http://www.ripoffreport.com/reports/the-motley-fool/internet/the-motley-fool-motley-fool-misrepresentation-confidence-trickstersfalse-statements-inte-665388. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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