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Reposted from News by FinTech Collective

The Pros and Cons of Social Investing

Social media isn't just for pet peeves anymore – new hubs, like FinTech Collective's portfolio company OpenFolio, make it possible to post about your stocks and share investment knowledge. Social investing makes sense for the digitized millennial generation, and with the recent regulatory changes around crowdfunding, the importance of sharing investment data will only become more mainstream. OpenFolio continues to be viewed as the go-to for such social investment data, and we have no doubt they will be a major driver of the growing trend.

Perhaps the even more relevant question – at least for those new to investment – is how much do you like someone else's financial strategy? For in the omnipresent world of social media, investment marks the latest segment where people from all corners gather to share their thoughts – though in this case, it's about portfolios as opposed to pet photos.

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_capital markets, portfolio news