Interesting new study (see below) from Mindful Money. Investors are certainly turning to non-traditional sources of information as inputs into their investment decisions. But this appears to be the first time that the interconnections within the financial blogosphere have been studied. The social media train — and specifically, actionable, investable content — continues to chug ahead.
There are few surprises in the top rated/linked-to investment and economic blogs and websites. Many of them are read by hundreds of thousands of investors daily. What’s interesting here is to see how these blogs act as sources of information and credibility for the rest of us trying our hands at providing just a modicum of thoughtful investment ideas online.