For the last few years I've been pretty interested in jumping into the stock market to see how I could do. It's basically like a game, as you jump on stocks you predict to be hot, watch them grow, and then cash out at the right time to collect your earnings. Then, if you want to keep playing, rather than collect that money, put it right back in the stock market to watch something else grow, cash out again, and keep repeating as your own cache of, er... cash... continues to grow... or shrink.
Yeah, the shrinking part is what keeps me apprehensive about it, because I don't want to dump a lot of money in there and end up losing it. Plus, with having to file it with your taxes and trade commission fees, you'd want a sizable amount of money in the stock market to make it worth the hassle.
That's where UpDown.com comes into play. You're given $1,000,000 in virtual money and play it against the real stock market. Not only does this let you get a feel for the market, but at the end of every month, if you beat the stock market, you're awarded with real money. That sounds pretty sweet. Granted, it's not much (I've made about 11 cents in real cash for the month of August after playing maybe 4-5 days), but hey... all I have to do is make stock picks and sit back and let it do its thing and I have the potential of getting real money out of it, but I won't lose real money. I like those odds.
If you decide to give them a shot, I'd appreciate it if you'd leave a comment or click the link below to use me as a referral. One other feature is that, as your invitees make money, you make a percentage by having invited them. So let's start a chain of winning stocks and help one another make some bank.
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