The internet is a great place to research potential investments, but you must be very wary of any potential fraudsters looking to pull in your money. The SEC has a tremendous website on how to avoid internet investment scams, which shows some of the areas that fraudsters use to lure in investors. There are numerous investors online looking to push their stock pick, in order to make a quick 
handsome profit and then sell.
Internet newsletters is an area you must be careful with. There are numerous internet newsletters in which the writer heavily promotes a certain stock, often penny stocks, that they have recently bought. The newsletter acts as if it is just looking to make you, the investor some money, but in reality the editor is simply looking to make them a great profit. The actual practice of writing a newsletter touting a stock is not illegal, but federal securities laws require companies to disclose who has paid them, and the amount and type of payment. The majority of internet newsletters do not do this, they simply lie about payment, and keep trying to lure in unknowing investors. The bottom line is that you should be very careful before you trust an internet newsletter that is heavily pushing any particular stock, because their motive is usually not good.
