That kind of information does not come out in testimonials. Anyone reading the headlines and watching the news has seen Internet stocks skyrocket. Yes, it is easy to watch your investments. But the more you look, the more tempted you are to do something. No matter how much you claim to be a long-term investor, checking on your holdings hourly, daily, or even weekly could break down your resolve.
People get portfolio-itis.
The people who merely give bad financial advice on line color it with friendship, with the sense that they are sharing their knowledge with you. There are plenty of good things happening on line, and people who want to should take advantage of those things.