The internet is full of financial advice, but it's hard to know which sources are trustworthy. Many self-proclaimed "experts" lack transparency or proof of their financial success, leading followers to make poor decisions. Current platforms rely on follower counts or vague credentials, which don't necessarily reflect real-world financial competence.
One way to address this issue is by creating a platform where financial advice is tied directly to verifiable financial metrics. Unlike traditional forums, users' credibility would be based on proven success—such as net worth, investment returns, or professional certifications—displayed alongside their advice. For example, a user might appear as "User_15%_AnnualReturns" or "CFA_Certified_Advisor."
This approach would benefit:
A phased execution could start with a simple Q&A forum where users opt into manual verification (e.g., uploading brokerage statements). Later phases might integrate third-party verification (e.g., Plaid for net worth) and add features like live AMAs or monetization through premium badges or affiliate partnerships.
Unlike Reddit's r/personalfinance, which relies on unverified crowdsourced advice, this platform would emphasize transparency. Compared to Bogleheads, where trust builds slowly over time, it would offer instant credibility through verified metrics. And unlike eToro's CopyTrading, which focuses only on trading, this platform could cover broader financial topics like budgeting and retirement.
By focusing on niche communities first (e.g., FIRE enthusiasts) and ensuring robust verification, the platform could carve out a unique space in the financial advice landscape.
Hours To Execute (basic)
Hours to Execute (full)
Estd No of Collaborators
Financial Potential
Impact Breadth
Impact Depth
Impact Positivity
Impact Duration
Uniqueness
Implementability
Plausibility
Replicability
Market Timing
Project Type
Digital Product