James Yih’s WealthWeb Network

23 April 2006
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My friend Michael was chatting with me on MSN today asking if I knew about WealthWeb.ca. It was a site that he found useful to him because Canadians really have very few financial article portals available for their research. Tongue-in-cheek, I reminded him the reason for Investorial’s existence, but I quickly checked out the site.

WealthWeb is a collection of personal finance articles for Canadians. WealthWeb is maintained by James Yih, who has a vision to turn it into Canada’s resource centre to build, protect and manage wealth. James Yih is an author of two financial books, and is currently an account representative and Investment Marketing Consultant for Manulife Securities. I knew of James’s writings from his days as a weekly columnist on FundLibrary.com. In fact, I had connected with James via email about an article he wrote last year in February over one of his articles “When Not To Buy An RSP“. That experience showed me that he was educated and forth-coming to his readers.

WealthWeb is further categorized into RetireWeb, InvestWeb, RRSPWeb and InsureWeb. These were all areas of business for the Manulife group. I would be surprised if James did not obtain consent from his employer to persue this. Intelligent financial companies would recognize the importance of providing educational resource but also to control it.

Interestingly, the fineprint on the website states that it is intended for use by residents of Alberta and British Columbia provinces. I wondered what the reason was for that distinction. It should not be difficult for James to overcome licensing issues on a federal basis. I wondered if it were an issue with publishing online?

I wish portals like WealthWeb and FundLibrary would adopt technologies such as syndication RSS feeds that help push content to the readers’ desktops. Take a tour and see how you like the site. In my opinion, the site was beautifully designed and well organized. The articles are mostly about conventional wisdom and discussions. It is simple financial education 101 for the masses.

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