Money Loves Company

Investing in the stock market can seem like a scary and daunting endeavor. Fortunately, it is now easier than ever before to develop a community of performance based individual investors from which to glean and offer advice on which stocks to buy, sell, and avoid altogether. At http://www.bullpoo.com/, “users are rated and ranked against other members based on the performance of trades they make in a virtual portfolio.” At http://www.feelingbullish.com/, “users can issue ratings on individual stocks and then earn a score based on how the stock performs.” Lastly, at http://www.socialpicks.com/, “users can invite other people to their network, share tips and track other members’ investment performance with members’ scores being based on the performance of their picks and other users’ feedback.”

These resources are just a sampling of similar kinds of sites designed to fulfill the same purpose. To see a full list of websites and to read a more in-depth article on the subject please refer to, “A New Way To Rate Stock Tips --- Crop of Networking Sites for Investors Track the Performance Of Users' Picks; Finding Your Market Soul Mate”, published in the January 3, 2007 edition of the “Wall Street Journal.” You can read the full text of this article from the convenience of your home or office computer by utilizing the Austin Public Library’s access to the Factiva database.