Review your stock broker for income share
May 28 '00
Looking back over my oldest epinions for those which earned more than they seem to deserve based on the quality of the writing and the number of reads and the recommendations, I find that my reviews of brokerages did very well, and I've been thinking about some of the possible reasons for it, and some of the ways other Epinionators could take advantage of them.
Why?
There are many different stock brokers out there, and for whatever reason not that many people seem to be writing about them, except for a few of the biggest. If you write the only review of a stock broker, anyone looking for information on that broker at Epinions will see your review, no matter how many or few recommendations it has, although if it has NR's they may have to click the 'see all reviews' link to do so. I originally found epinions when I was searching for something else entirely, and was fortunate enough to find a review of it on epinions rather than the site itself, exposing me to many reviews of other earnings programs besides the one I was originally looking for. I'm not sure how often this happens or if it still does.
Does this produce income share?
Nobody knows exactly how epinions decides which opinions are read in the quest to make a decision about a product. Still, a great deal of money is sometimes on the line when you choose a broker, and people who do research on epinions at all are likely to do some before choosing a broker.
Write the best epinion you can
I received income share for two opinions which were only recommended, while getting no income share for reviews in other categories which were highly recommended. I still suggest you write the very best review you can. You want people to trust you, and every HR you receive makes your epinions in the finance category slightly more likely to be seen by people who trust the rater who gave you an HR. Also, even if there are no other reviews at this moment, several people could write them tomorrow.
To talk about spelling and style would be a digression, but I'll make a few suggestions for beginners about putting useful facts into your reviews. Even if you only communicated with a borkerage over the web or the phone, did your executions tend to be fast or slow? Did you ever buy on the low side of the spread or sell on the high side of the spread with a market order? Was the website easy to navigate. Are you satisfied with it's security? Did you have trouble getting through over the phone?
If you didn't use a deep discount broker, he probably gave you some sort of advice. If he's not precognitive, it's not really fair to judge a broker on whether he turned out to be right or wrong. How much information did he give you on why he made the recommendations he did? What did he tell you, if anything, about his company's relationship with the companies whose stock he was selling? Was he pushy? Were you constantly pushed aside for bigger clients?
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Epinions.com ID:
DavidWeisman
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Member: David Weisman
Location: Carle Place, New York
Reviews written: 169
Trusted by: 71 members
About Me:
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