In the following video from The Motley Fool's "Ask a Fool" series, our senior advisor to the Fool's Rule Your Retirement service, Robert Brokamp, takes a question from a Fool reader, who asks, "If stock websites are so good at investing, why do they need to charge people for information? They'd make more money by sharing information that will create more buyers for a held stock, so the price goes up. Seems like most sites that ask for money are scams."
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.