When entering online chats and forums, particularly in the general investing arena, Publilius Syrus offers a timeless disclaimer: "Many receive advice, few profit by it."

With these sage words in mind, Moneysmartz identified the most active general investment forums covering topics such as penny stocks, multi level marketing, trading, and business development companies.

Investing Chats and Forums

BDC Investor: Discussion community and investor resource, focusing on business development companies (BDCs).

BestCalls.com: A free directory of investor conference calls and webcasts. CallTracker service provides advanced notice of conference calls by email.

Club for Value Investing: An investment club for value investors to share their best stock ideas. Admission is free, but selective and limited to only 250 savvy investors.

Daytraders.org: Professional live free chat room for day traders. Running since 1996.

eInvesting.com: Investing forum and stock market game.

Free Financial Advice Forum: Moderated personal finance forum specializing in financial help.

Golden Talk: Mainly about High Yield Investment Programs, games and general investment issues.

Investing Pub Money Forums: Investing money forums.

Investors Hub: Large, dynamic community of investors sharing market insights.

Millennium-traders.com: A subscription based chat room for daytraders.

MSN Money Forums: Investment boards and competitions from MSN Money.

Penny Stock Plays: Discussion forums, market analysis, stock trading tips, penny stock plays, including market commentary and corporate interviews.

PureChat: Discussion of investing and trading of all instruments.

Raging Bull: Investment message boards.

StockHideout.com: Stock forum and trading community.

T2W Trading Community: Community website for active traders (short-term and daytraders) with live trading rooms, trading discussion boards, trading book store, infomation about trading/brokers/software/technial analysis.

Tactical Trader: News, reviews and discussions from the world of financial trading.

Talk Gold: Forum for discussion of high yield investment programs, foreign exchange, and general investing.

The Critical Mass Discussion Forums: Discussion forums for aggressive investors.

Web Life Forum: High yield investment program discussion.