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Social Network for Fake Investing Edit
Updown.com


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Social Network for Fake Investing - Updown.com
Updown.com
Published: Jul 9, 08
Comments: 2
Views: 3,695

Last night I was whisked away to updown.com, a social network for virtual investing. If you have ever wanted to play the stock market but didn’t want to spend money, then this is the place.

You get to “invest” a one million dollar portfolio in stocks of real companies and the website tracks their progress over the day and tells you at the end if you made or lost money, both on the whole and on individual stocks. It’s a great learning tool and good practice for those who want to get involved with risk capital.

If you are unsure about the market and just want to test drive the whole idea, this is the site for you! If you are a seasoned investor and you want to try things out before you actually execute them, then this is the place for you too. Every sale has a possible $100 commission which is also real world.

There are a few restrictions for people’s safety. You cannot invest more than 20% of your portfolio in one stock which keep people from gambling on the market with one to two hot stocks. It’s really a lot of fun and worth giving a try.

In addition to giving members $1,000,000 in virtual money to invest, UpDown allows investors to improve their skills through collaboration, competition and aggregated wisdom. Described by major media outlets as “fantasy football meets the trading floor,” UpDown is the only free investment platform that allows members to earn money with zero risk of financial loss. Founded by two Harvard Business School students and one Harvard College graduate, UpDown is a privately held, privately funded company headquartered in Cambridge, Massachusetts. (updown)

References:  updown

Filed In:  business internet market pop culture








Reactions

FOUR WAYS TO REACT: vote, favorite, add more examples of Social Network for Fake Investing or comment about Updown.com.

alina amonna on Jul 9, 08  0 Trends   2 Comments
Wow, i have recalled that i have seen his photo on a military dating site uniformeddate.com, it is so strange!But it is true!!
alina amonna on Jul 9, 08  0 Trends   2 Comments 0
Lindsay Hunt on Jul 10, 08  0 Trends   168 Comments
I seem to remember and exercise like this on a sitcome... I want to say Family Ties, but I could be wrong. Either way, it would be fun to try!
Lindsay Hunt on Jul 10, 08  0 Trends   168 Comments 0
Favorited by Lindsay Hunt on Jul 10, 08
Favorited by Sam A on Jul 12, 08


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Social Network for Fake Investing