Do people become wiser investors for reading and/or participating in misc.invest?
They certainly will become wise posters and readers, and I think they can benefit in their investing. I certainly have, but I cannot speak in general. I’ve learned a bit about how cold calls work (and how to deal with them, although I don’t get any cold calls overseas), what a trade should cost with a discount broker (about $30), why I really don’t have any business messing with options (too risky, too fast moving), why I probably don’t want check-writing privileges on my mutual fund (too many taxable events to report), and such things. Each one is small, but together they are things that I would only have figured out on my own after getting mildly burned. It’s always nice to avoid getting burned.
