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Ranked 3 out of 10 in the Ciao Hitlist Best Financial Websites

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Carpetbaggers Delight
A review by Squiggles on themoneybag.co.uk
April 20th, 2001


Author's product rating:   themoneybag.co.uk - rated by Squiggles

Presentation/navigation of site Good 
Reliablility/speed of site Good 
Quality of content Good 
Range of products/services offered Good 
Competitiveness of charges Excellent 

Advantages: Topical financial matters under discussion, constantly updated info
Disadvantages: A few inappropriate or innacurate postings

Recommend to potential buyers: yes 

Full review
The Money Bag is a UK discussion/forum site devoted to all things financial, boasts almost 4000 registered members (at time of writing) and is ideal for all those of you who are aspiring ‘carpetbaggers’. It offers lots of financial advice, top deals and advice on demutualisation, shares, windfalls and other top money related headlines and events.

Registration is completely free, and once you have registered you are able to access all the forums and discussions and also contribute your own financial input plus complete your own member profile. You can display your own website URL and choose whether to have your email address visible to other members. There are a number of categories you can browse through, including fun sections where you can post ideas and tips for free money sites, freebies and samples etc. You can also privately message other registered members if you need more info on a topic they have posted, or want to answer questions individually rather than on site. You can even include smileys in your own messages and postings. Some categories also allow you to use HTML in your postings, depending whether the moderator has enabled this facility. If you are embarrassed about one of your postings, either it’s too dated or no longer accurate/appropriate, you can edit or delete at any time.

Registered members provide most of the information, and overall the quality of their advice and information is very good. The site owners and their category moderators also vet postings carefully and any rude, inappropriate or abusive postings are deleted very quickly and the perpetrator rapped firmly on the knuckles or booted off the site altogether!

One of the most popular forum categories is ‘Life Assurance Companies News’, which discusses latest demutualisation news and offers plenty of advice and comment for carpetbaggers to dwell or act on. You can choose how many latest topics within each category to view, from the last 2 days right up to the last year, or even list all of them if you have an hour or so to spare whilst the page loads!

The site also has a very efficient search facility on almost every viewable page so you can find information on any financial product, service or institution very quickly indeed. You can also search for users that you particularly trust by typing in their member name.

For those looking for the most up to date information, you might want to check out the ‘Daily Active Topic List’ that gives you a list of all the topics posted on that day. This is particularly useful for those wanting the latest information perhaps on their own Life Assurance Company or Building Society, Bank etc.

Overall, this is a good site full of mostly accurate information posted by members with a good grounding in financial matters and the site owners and moderators certainly know their stuff. Give it a try; I have learned a lot since becoming a member and I try to visit at least once a week for the latest hot news!
 
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