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Investing with the Power of Cake

An interesting new site called Cake Financial allows you to reveal your stock portfolio on its website and in return see how other members are fairing. Members are ranked by how well they perform. In just over two months, the Site has signed up over 5,500 users and is tracking $450 million in assets.  

The Company is also planning to receive its registered representative license in a few months, which will allow it to execute trades on behalf of users who want to shadow top investors.  

There’s only one catch. In order to see other profiles, you will need to signup for an account, but don’t worry; from what I can tell, it isn’t required to link your own brokerage account immediately.

 

 

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