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Help us improve the Citywire Money forums
Mary Hamilton (Citywire)
Posted: 16 November 2010 14:58:00(UTC)
#1

Joined: 05/11/2010(UTC)
Posts: 61

We're looking at making some changes to the Citywire Money forums - but first, we'd like to know what you think.

Is there anything you particularly like about the forums as they are at the moment, or anything you particularly dislike?

Do you have any suggestions that you think could help make the forums better?

Are there any topics we don't cover in the forums that you think we should?

What other web forums do you use - and which ones do you think are good or bad?

Let us know in the comments here - or if you'd rather keep it private, email me at <a href="mailto:mhamilton@citywire.co.uk">mhamilton@citywire.co.uk</a>.
Mickey
Posted: 16 November 2010 18:08:56(UTC)
#2

Joined: 21/06/2010(UTC)
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For me the forums are not that useful in that they seem detached from the main purpose of this site as I think it is (I may be wrong of course). I would prefer to see the forums linked to topics that discussed fund managers, funds, etf's, IT's and other news stories. The comments section of articles is good but where do we discuss a particular theme or fund such as an emerging market or uk equity income offering.

Other forums that I use would include the Motley Fool, iii and moneysavingexpert although probably iii comes closest for me.

HTH,
Mickey
Jeremy Bosk
Posted: 17 November 2010 08:07:51(UTC)
#3

Joined: 09/06/2010(UTC)
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The forums are sometimes entertaining and sometimes infuriating with very little relevance to investing! An intelligence test for participants to weed out the most egregious idiots and ranters would be useful.

Other forums used include: Motley Fool, Advfn, iii, ft.com (letters and various blogs), Scotsman, Manchester Evening News.
Rich Harris (Citywire)
Posted: 17 November 2010 08:40:32(UTC)
#4

Joined: 08/06/2010(UTC)
Posts: 126

Thanks: 1 times
Was thanked: 2 time(s) in 1 post(s)
Thanks for the feedback - we'll look into having a dedicated investment area of the forum.

Mickey: we're actually in the process of revamping our fund and manager factsheets. Would it be useful to have an area on them where you can discuss those specific funds?

Jeremy: I often read your exasperated comments with a smile on my face! Glad you keep coming back - the forums would be a duller place otherwise. In terms of the quality of debate I genuinely think our readers are far more intelligent and witty than those of most websites, but we'll investigate ways we can moderate the forums more effectively.

Keep the feedback coming,

Rich
Jeremy Bosk
Posted: 17 November 2010 09:17:35(UTC)
#5

Joined: 09/06/2010(UTC)
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Thanks, Rich. I look forward to the discussions on funds and managers. I sometimes look at fund holdings for ideas and read fund managers' views although I have avoided open ended funds for all the usual reasons since the 1960's.

I have to agree that many readers are, as you say, "intelligent and witty". Even from time to time those who disagree with me:-)
Bernard
Posted: 17 November 2010 09:21:52(UTC)
#6

Joined: 16/06/2010(UTC)
Posts: 14

There is a tendency to draw major conclusions from limited evidence. We do not need reminding that investment is often little more than star-gazing. We on the rim of the circle know little of what's going on or talked about in the bars and cafes of the City It many not be insider trading, but who doubts that the grapevine.is selective?

What we ordinary mortals see can be astonishingly misleading. Take these figures which perhaps induced banks and individuals to put their money into Ireland. They are from three different tables of national GDP per head at Purchasing Power Parity for 2009 in international $

IMF
Ireland 9th 38,685
UK 19th 34,388

World Bank
Ireland 6th 41,278
UK 14th 36,496

CIA
Ireland 10th 42,200
UK 24th 35,200

In each list Ireland is listed above the UK. Did that persuade investors that Ireland was a safer bet than the UK?
Or did the City grapevine tell a different story?
Ireland is now considered to be on the verge of national bankruptcy.

John Coles
Posted: 17 November 2010 11:41:41(UTC)
#7

Joined: 16/09/2009(UTC)
Posts: 9

PLEASE stick to investing and steer clear of political comment.
Jeremy Bosk
Posted: 17 November 2010 12:24:41(UTC)
#8

Joined: 09/06/2010(UTC)
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John Coles

Politics is actually quite relevant to investing. Government actions such as setting taxes and tariffs, administering justice, choosing the balance between state and private spending and regulating markets all have large effects on investors. Being in or out of the Eurozone and the EU itself, immigration policy, education policy, budget policy - note the recurrent word policy - all impact upon our economic destiny.

Usually those who call for "keeping politics out of it" are actually small and large "C" conservatives who truly believe that their own ideas are so self-evidently correct that anyone and everyone with different ideas is being perverse. Others may beg to differ and call for evidence based reasoning.

Petty, partisan politics, ill-tempered and uninformed debate and eretic arguments are generally undesirable.
John Coles
Posted: 17 November 2010 12:48:04(UTC)
#9

Joined: 16/09/2009(UTC)
Posts: 9

Quite. And if I want comment on political matters, then I will not come here to the Tony Bonsignore School of Journalism. On the other hand, I accept that you might find easy to digest the often puerile political comment on CityWire, so I'll withdraw my request in the interest of your personal development.
Mary Hamilton (Citywire)
Posted: 17 November 2010 13:13:12(UTC)
#10

Joined: 05/11/2010(UTC)
Posts: 61

Thanks for the feedback. What would you think of the idea of keeping political articles in a separate section, clearly marked, so that John could avoid it easily but Jeremy would still be able to read and comment on them?
John Coles
Posted: 17 November 2010 13:23:19(UTC)
#11

Joined: 16/09/2009(UTC)
Posts: 9

A kind offer but slightly puzzling - your expertise is financial and that's why I come here. You will win plaudits for your financial commentary and news, but would you ever do so for your political comment? Anyway, thanks for the thought, I'll stop commenting, it's time for me to have a lie-down in a darkened room.
Anonymous Post
Posted: 17 November 2010 14:27:43(UTC)
#12
Anonymous 1 needed this 'Off the Record'

Having registered with Citywire using my real name, it would be handy to be able to comment on forum sites and on articles using an alias rather than my real name. I appreciate that there is the "Off the record" facility, or that I could register again using an alias, but I can't see the point.
Jeremy Bosk
Posted: 17 November 2010 15:27:57(UTC)
#13

Joined: 09/06/2010(UTC)
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Mary

The forums already are divided into Money, News & Politics and Beyond Money. This is fair enough and far enough. The difficulties are due to most of the debates wandering off point (mea culpa) and the occasional monomaniacal attempt to blame all the world's ills on: the EU, socialism, the unions, religion, young people, immigrants, the BBC, parents, teachers or whatever.

Trying to separate politics from economics is a doomed endeavour which is why Oxbridge teaches Political Economics. It might be worth labelling some articles as opinion pieces as opposed to reportage and as distinct from editorials. As C P Scott said: "Opinions are free, facts are sacred". Although some of the more excitable readers do not seem to understand the difference; at least you will have tried.

Anonymous1 has a point, everyone would benefit from a facility to register a real name and use a pseudonym if preferred for whatever reason.
Rich Harris (Citywire)
Posted: 17 November 2010 15:53:52(UTC)
#14

Joined: 08/06/2010(UTC)
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CP Scott is quite right, we could do a better job of separating comment from news. We'll find a way to label it clearly.

Anon 1 - if you'd like to change your forum name permanently to an alias that's no problem, email Mary or me (mhamilton@citywire.co.uk / rharris@citywire.co.uk) and we'll get our tech support people on the case. Unfortunately it's not possible to have two names (real and alias) associated with a single account
Mickey
Posted: 17 November 2010 20:55:00(UTC)
#15

Joined: 21/06/2010(UTC)
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For me it would if site visitors agreed, Trustnet implemented this some time ago after closing their forums down but unfortunately there is too little in the way of contribution to make it worthwhile.

Thanks for asking,
Mickey
ynys
Posted: 17 November 2010 21:25:25(UTC)
#16

Joined: 21/10/2010(UTC)
Posts: 45

Thanks: 19 times
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Are reader allowed to initiate threads?
Mary Hamilton (Citywire)
Posted: 18 November 2010 08:12:53(UTC)
#17

Joined: 05/11/2010(UTC)
Posts: 61

Hi ynys. Yes, readers are allowed to start threads, and we'd like to see more people doing so in the future as the forums grow.
Cockney Dave
Posted: 18 November 2010 11:46:08(UTC)
#18

Joined: 19/05/2009(UTC)
Posts: 13

I would be willing to do a daily post as i have many things that i could write about that would cause a good debate.
i am sure there are many others who would do this same thing, and i feel that these should be on the backend of the stoires that are on here. So each article could have a link to the daily forum of the regular people on here, but lets add a little bit fun to the who thing. Maybe a litte freebie for whoever gets the most posts on a weekly or monthly basis, this will encourage regular visitors to post articles on here. also, when one to the reporters or main story tellers of the site make a post, lets have a vote under each articel to see which of the reporters also have the best content as some of the stories are not as great as a professional writer should be writiing.


Citywire admin - you have my email address should you wish to comment directly

Have a good one all
Chairman2
Posted: 20 November 2010 20:01:43(UTC)
#19

Joined: 26/06/2009(UTC)
Posts: 11

be able to get to regular bloggers directly

you need to realise that linking the blog to each news story is
a great way to build traffic - its fundamentally your marketing that
needs to sharpen its act. - and the link has to be item specific with
enough of teaser info in the heading to get people to read it.

In other words turn the forums into a supply push rather than a
demand pull section

Dont bother inviting 'your Comments' mostly people comment
in reaction to others not in the abstract. Those with something
to say on most subjects are by definition pub bores!
satish mittal
Posted: 20 November 2010 21:37:23(UTC)
#20

Joined: 21/04/2006(UTC)
Posts: 192

Thanks: 274 times
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Hello Mary
I suggest when you recommend a share, fund or ETF etc, it would be helpful if you can give comparision of performance (with similar funds in unit trusts, investment trust and ETFs) after deduction of all expenses and fees etc. Also, where I can get them. Varitus global income informes me that minimum investment is £6000 but you never mentioned this. I cannot understsnd the reasons of recommendation of some of your funds as their performance had.been far from satisfactory during the last 3 years. Infact, some of them are still showing losses over 3 years. Also when mentioning risk, quantify please i.e. Is it more risky to remain invested 100 % in UK or 100% in India for example. How risky is it to invest in Aberdeen income, Newton Asian Income, Other global income as compared to Income funds such as Invesco Perpetual income. I find the former has better record. As regards Etf, most appear disappoiinting when performance compared, exceptions Gold. However, you do a good job. Well done.
Many thanks
Dr satish Mittal
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