Cake Financial is a start-up that is trying to bring the concept of social networking to your investment portfolio:
Cake is the free online service that makes it easy to follow the real portfolios and the real trades of your family and friends as well as top-performing members within the Cake community.
The basic idea is that when you and your friends/family sign up with Cake, their actual investments are tracked by cake, and you are informed of who is buying what. Not a “virtual market”, but actual trades made by them with their actual money. Not the exact numbers (for reasons of privacy) but which stocks who invested in, and the percentage returns on their portfolio. The idea is that you can use this information to improve your returns on investment.
Hi Navin,
Believe me I am your fan now. I got to your blog via Google Search for Kapil Sibbal is an Idiot 🙂 (funny way to reach you) and read your views of him and the reference to the other blog in support of your argument.
The blog of yours regarding teachers being absent from schools is awesome. I am loving reading the references. Man you are lucky to study so much. I am impressed.
Do connect to me on FB – http://www.facebook.com/nsrivastava3
Regards,
Nitin