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Disclaimers on forum posts

Discussion in 'Help & Feedback' started by jscott, 8th Feb, 2006.

  1. jscott

    jscott Well-Known Member

    Joined:
    10th Jan, 2006
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    Perth
    Just wondering why most people on the forum seem to have a disclaimer under their signature that everything they write should not be taken for advice or may not be correct or whatever? Have people found this is actually necessary?
    Has some solicitor advised anyone that they should do this?
    Are you just trying to protect the fools in this world?
    :confused:
    Jason.
     
  2. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Mostly this is only important for people who give advice for a living (eg accountants, solicitors, financial planners) ... it is just to remind people that the comments written in this online forum are NOT the same as a one-on-one consultation where the advisor has been able to gather the required information to provide the advice being sought - the information provided here can usually only be of a general nature.

    I might leave it up to Nigel to comment further.
     
  3. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
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    That's a good question Jason. Probably not strictly necessary, but a prudent precaution, particularly (as Sim' mentioned) for those posters who profess to be experts and are in the business of advising others. Sometimes to the untrained eye there may be a fine line between financial or legal advice and mere discussion of issues for educational purposes. A factual answer to a question or the mere expression of an opinion or preference for one course of action over another will naturally not take into account a person's specific needs and circumstances.

    You've also hit the nail on the head in relation to protecting people from their own stupidity. While one of the big benefits of this forum is that the moderators are experienced professionals and investors, the purpose of this forum is not to provide financial, tax or legal advice. Rather we aim to discuss issues of interest to investors for the education of us all.

    Cheers
    N
     
  4. Mark Laszczuk

    Mark Laszczuk Well-Known Member

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    Whoops! Better put one up then, innit.

    Mark