The 17th November 2016 marked a sad day for UK investors. It was when the Motley Fool UK website, announced the closure of any new posts on their UK discussion boards. Older posts will still be completely viewable in an archive format, however, they have now been removed completely.
5 Alternatives to the Motley Fool Forums
Here we look at five alternatives:
- Good Money Guide Forum – obviously – you can ask an expert anything about the stock market.
- LSE.co.uk – absolutely nothing to to with the London Stock Exchange, but great share chat anyway
- Stockopedia – a thriving community of small-cap, growth and value investors
- Moneysavingexpert.co.uk – more personal finance focussed but helpful none the less
- Reddit – some of it is actually quite helpful – and some people even know what they are talking about.
Motley Fool Discussion Boards Closure
The Motley Fool Boards were started back in 1998 using code which, at that particular time was up to date. The internet has changed greatly over the almost 20 years since this launch and the code that once worked perfectly, had become outdated.
The people in charge of the Fool UK site have found that the code has become all the harder to maintain and the realisation hit them that they needed to make some changes.
This meant that parts of the site which relied on older technologies had to be sacrificed, all to bring the software platform that runs UK Fool back into line with some of the other sites that are found around the world.
Foolish Changes
It isnβt only the share chat boards that said their goodbyes. There were also a number of other pages that saw a change.
This included:
- Favourite fools
- Replies to your posts
- My fool
- Favourite boards
- Profile pages for posters
The creators of Fool UK had been incredibly open about their feelings on this change. Not only this, but they have been vocal with their gratitude to all the members of the group. One thing is for sure, it is certainly going to missed, especially by those who have taken great value in the tips and hints found there over the past 20 years.
Discussion groups just like the one at Fool UK are incredibly useful. They quickly becomeΒ places that you can share your own thoughts, opinions and advice on what can be a tricky area to master.
Investment is an area that you often have to make decisions that are outside of your knowledge, meaning that having someone on hand to sound off with can be extremely helpful.
We were sad to see it go, but we appreciate that the online world changes over time and we all have to move with it.
So, whilst it may have been the end of an era, it certainly doesnβt mean that all those helpful and insightful tips found on the discussion boards will be forgotten. In fact, we are sure that Fool UK led to a number of fantastic investments for those who visited it and this should long continue!
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
You can contact Richard at richard@goodmoneyguide.com