Does the “This is Not Investment Advice” Disclaimer Matter?

Question: Does it matter which “This is not investment advice” disclaimer I use when posting about investments?

This person’s attorney did not recommend a disclaimer for discussing investments online. The asker is wondering why.

I too am curious why your lawyer didn’t provide an appropriate disclaimer for you to use.  Appropriate disclaimers are important in the investment arena. Of course, a disclaimer will not stop actual investment advice from being investment advice.  This means you need to walk the fine line of providing advice and simply providing useful, educational information.   I think you should go back to your lawyer, or a different lawyer who is knowledgeable in the area, and ask for assistance in crafting a proper disclaimer.

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