What do you think of my website business plan?

Question

So..i am making an investment website. Heres what it will contain.

-home page which gives an anecdote, and why my website is really good

-News & updates page, so you know what i updated, & when

-FAQ page

-Blogs which i have some topics on some debatable things, such as drilling in ANWR

-Investment stragegies, like when to buy, sell, hold, and diversification of money

-Retirement, which i talk about for 6 pages

-Bonds/Fixed income/MMA's

-Penny, stocks which i give stock recommendations on

-Blue chip stocks, free recomendations

-domestic stocks,

international stocks,

domestic mutual funds,

international mutual funds

All FREE Information with free stock recomendations

Also, "about this site"

Its about 25-30 pages in information (havent quite finished yet).

And 10-15 pages on stock recommendations, and little bit on about why i chose the stocks.

Do you like it, any suggestions. I am 16, so...i kinda have some time on my hands since its summer.

Will i make money?

Answer 1

You've received some accolades from most of your responders but the one given you by "A NOBODY" deserves most of your attention since they gave you the most honest and noteworthy response.

I think that they brought out some very important considerations that you must address before you move forward with your project.

I agree with A NOBODY in their comments, I feel that you are getting over your head and took a very immature approach as to what you are doing.  

Unless your registered you CAN NOT give investment recommendations and you should not be giving investment strategies blindly to individuals you know nothing about. But it is obvious that these strategies are not yours but copied from others.



You are over your head, what you want to do is illegal, and I believe on how you are planning on doing is also illegal.

Becareful you could find yourself in trouble at a very young age

Answer 2

For a 16 yr. old you certainly sound very intelligent and mature for your age, keep up the good work! As far as whether or not you will make money, it depends on what marketing tools you intend to use e.g. Google Adwords or Pay Per Click; just to name a few of your options.

Answer 3

yea probably

Answer 4

Good luck, as long as your are registered with the Securities & Exchange Commission and have their permission to do what you want to do.  The state in which you live will also have registration requirement for you but you can always address that before you get started.

As you know you also will be required to maintain and perserve records in accordance with the rules and regulations of the Act of 1934.  Don't forget to maintain due diligence files on all your recomendation and store them for the prescribed amount of time and have them available for the regulators that will call upon you periodically.

Just becareful in re-using or copying proprietary or copy writed material especially from any type of reporting and/or news media.  And of course you have received the permission of firms to use their names on your website

You may have to be registered with on file with the state in which you are domiciled and be on file with the municipality in which you reside.  You will be subject to a all taxes regarding your endevor, not only with the state but also the municipality.

I hope you make money, since you will have to pay registration fees, and state and local taxes.  Just avoid any issues where you may have to pay a franchise tax.

Don't mean to rain on your parade, but good luck

You're not the first to try something like this and I'm sure you won't be the last

Answer 5

Well first off, you would need a recurring stream of visitors coming to your website. How could you ensure that user loyalty is kept? Well you could start by building perhaps a Stock and Investing Simulator. A simulator is basically something which implements what occurs in real life to a program. You may need knowledge on a bit of C++ and Java (of which you can gain from books from your local book retailer). What I find on many websites such as Investopedia is that they only focus on Stocks. Instead of basing your primary focus on stocks, why not do something with other investment vehicles like a Savings Account, Real Estate, Options, Futures, etc. This will make your website stand out from the crowd.

Stock Recommendations are things I would not recommend (unless of course you are a stock investing professional). I highly advise you remove such thing or if you feel the urge to do so, highlight that you aren't a financial professional and you take no account in the losses that one makes. Better yet, why not ring up some investing professionals and charge them a small fee for you to spread their advice. Let's say X has a new book on beating the Dow Jones. You ring him up and charge him to send all e-mails about your book to users enlisted on the database (of which it will be essential to register for users).

People assume that Advertising is a Get-Rich-Quick-Scheme. It isn't. Your best bet on making big bucks on Advertising is for your website to become so large that corporations would charge anything for advertising space (By big, I'm talking about sites like Yahoo and MSN). So if you do remain small in your website, you may only make a few pennies in profit, so would it really be worth it?

Overall, I believe the Internet market is a very hard one to compete in, but if done well, you make huge profits out of it. What you need to focus on is how to separate yourself from the crowd. Remember, your going to be charging sites like Google to list your website on its search board. If your primary focus is on making profit, I doubt you can. You would have add other-party items such as books and clothing, of which it will be scarce for users to buy.

Good Luck Overall!