Financial websites should be aware of trust requirements

I became active on the MyWOT community (again), and this post is inspired by one forum thread there, where financial consultant asks for re-rating of his website.

Now the problem with financial advice websites is following: they might result in large losses or gains for a single person. The more person invests, the more person risks. Thus each financial website should care about how they are perceived by the visitors.

First of all, noone should trust financial website without proper contact information on it. Noone should listen to advice of instructor that forgets to introduce himself and give away all contact information required to contacting or investigating him. And yes, I think people should investigate websites before using the financial advice they provide.

Secondly, it is quite important to know the terms of service and disclaimer of the website.

  • Do they stand for what they preach?
  • Do they have financial interest in the tools or methods they recommend?
  • Are they affiliated with someone?
  • Are they getting paid for reviewing particular stock? There have be a compensation disclosure present in such cases (it is required by USA law, and many others).
  • Do they follow their own advice?

If the answer is not clear or is omitted, you can be sure that there is something hidden there. They might hide the fact that they have interest in promoting something, and they might not use particular methodology themselves. Then you have to stay away from the website, as quite often it is just a scam.

Thirdly, even if they preach and promise some things, they have to disclose that this is an advice only. They cannot guarantee the same results as in the past. They cannot guarantee that there will be no market crash in the future, or that situation changes completely. They cannot guarantee that there will be no changes in taxes, social security policies and stuff like that.

And lastly, if anything looks too good to be true, it is not. Investments is all about taking and managing some risks. If the promised gains are huge, the losses might be huge too. Do not fall for this trap.

Personally, I like Motley fool as they follow good practices (well, except lots of promotional mails).

Do not copy others, surpass them

People do not want to buy copies that cost that much as original. The same is true for the web. There are plenty of copywriting sites, and each year it is easier and easier to create another copy of website and try to get some market share.
For example blogging. 10 or so years ago there was livejournal – a wonderful blogging for all platform with paid accounts where one had to beg for invite to get a free limited one. People could skin them a little – change some colors, at some point layout as well. Then came wordpress, blogger, etc. Now anyone can get blog in 5 minutes, skinned to their likes. There are hundreds of thousands skins to choose from. And blog on itself is no longer special.
Same goes for more generic CMS’es. Before that, programmers would code a news portal for month. After that you just install drupal or joomla, configure them a bit and you got a new news site with lots of plugin choices. And a hundred or so similar sites doing the same. The technology improves, it value deflates over time.
This is the true with copywriting as well. You can write the best copy in the world, but the question is how it will stand out? How it will be different from others, that will copy same source, or maybe you? Can you offer something better?
This is the most critical question for successful site : individuality, originality, the brand. You have to answer for yourself and your readers how you are the best. And the answer should be good enough to convince yourself and your staff. Noone else knows everything so in depth as you and the guys in the same room. And if you do not believe in your site, no one else will.
By the way, cheating yourself does not work that well in a long term. You have to get a good understanding what you can do differently from competitors. Counting on being older, having better SEO or Social Marketing skills do not count- most of this do not matter or is achievable. There is always a chance that competitors would hire someone that knows better than your employees do. Heck, they can hire someone better than you to do things that you do now. And you will have to improve, find new things.
Shouldn’t you do same things as competition does ? Absolutely, but you should do them better. Using rewritten copies? Write better ones, gather more information. Presenting news? Get a person that can add unique and useful touch to them. Reviewing something? Think what customer wants to see in a review that is not at your competitors webpage. In terms of business management, raise the cost of entering this market. This will help you in the future.
And yes, I had to do that in the past, and I will have to do this again with one of my projects. I can’t tell if I do everything the best way. But I am trying to do it better.

Antivir Solution pro – new rogue mimicking legitimate antivirus

Antivir Solution Pro is a remake of Antimalware Doctor and Antispyware soft. It is a fake antivirus, sharing the name with legitimate Antivir made by Avira. While Avira’s Antivir is one of the most widely recommended free antiviruses packages, the Antivir Solution Pro is dangerous for the PC.

First of all, Antivir Solution Pro is distributed by security vulnerabilities, like infected Adobe PDF files, Javascript ads on various websites. This is a first sign that a software can not be trusted. Secondly, it will start showing popups and alerts blocking normal processes and limiting access to legitimate websites to scare user into downloading and buying its full version. Thirdly, Antivir Solution Pro might reconfigure the PC to allow easier reinfection in the future, by changing proxy settings, modifying way DNS addresses are recognized and downloading other parasites to weaken the PC.

Antivir Solution Pro can be removed by rebooting into safe mode and scanning the PC with Spyware Doctor or Malwarebytes. Full scan is strongly recommended. As the trojans might block the scan, it is highly recommended to disable the processes before the scan by killing all processes named with random letter strings (especially ending in tssd.exe). If such processes are successfully killed, One can run msconfig and remove startup entries referencing such processes. Still many of the infected files might be missed by manual removal, thus a single secure way is scanning with several automatic removal tools for Antivir Solution pro.
Full removal guide is available here : http://www.2-viruses.com/remove-antivir-solution-pro