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SprinkleBit : The Future of Investing, Powered by Crowdsourcing

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SprinkleBit : The Future of Investing, Powered by Crowdsourcing
February 13th, 2012 Social Guy

More and more nowadays it seems as though our generation (25-35 year old) is becoming increasingly wary of the financial markets due to the economic challenges we are still facing from the crash back in 2008. We twenty and thirty something’s seem to feel it the most being that us Generation Y Millennials are still trying to grow our careers and build a stable and reliable income – so much so that investing in the market not only has taken a back seat, but is nowhere to be found on our radars! Who can blame us? After all, the markets don’t look so attractive at the end of the day with all that market volatility and the seemingly unending roller coaster ride that the market has been on – it’s no wonder. As the Generation X population moves slowly toward retirement we’re left with one begging question: how are we going to survive in this market even when our predecessors are still struggling through it? Well it all boils down to one significant and crucial element to investing – information. To quote Gordon Gekko,“ information is the most valuable commodity.” Information is the backbone to all investment decisions, without it you’re essentially shooting an arrow at a target in a dark room – you’ll never know if you hit or completely miss the target. However that’s not to say that all information should be treated equally. Would you rather get your information from someone who has very little knowledge of the market, or from someone who has both lost and gained a significant amount of money in the markets? I’d say you’d want the person with more experience who knows the ways to properly gauge an investment. You’d want reliability, honesty, accountability and most of all sound quality knowledge. But where can you get this information? SprinkleBit is a new startup that helps to alleviate the investing apprehension of Millennials like you and me. Powered by crowdsourcing, SprinkleBit allows its users to offer up information and tips that can be readily available to anyone who wants to get a grip on this nebulous art form called investing. SprinkleBit is unique

in that it’s not just some open forum where anyone can give their opinion on a stock without being held accountable for their advice.

Everyone receives a numerical index that “grades” how well your portfolio has performed in the market such that other users can approach your advice with caution or open arms. You can look freely at other user profiles to see what the rest of the world is investing in. And of course, you can keep your information private if you decide that you don’t want others discovering your strategy. Bottom line is this: high quality information is the key to a successful portfolio and without it you’ll be lost. SprinkleBit provides all the necessary tools for any investor all from a nice easy-on-the-eyes user interface. So if you’re looking to break free from your apprehension, create a free account at SprinkleBit.com and join me along with all the other members and let’s invest together!

Summary SprinkleBit is a new startup that helps to alleviate the investing apprehension of Millennials like you and me. Powered by crowdsourcing, SprinkleBit allows its users to offer up information and tips that can be readily available to anyone who wants to get a grip on this nebulous art form called investing. SprinkleBit is unique in that it’s not just some open forum where anyone can give their opinion on a stock without being held accountable for their advice.

Description Bottom line is this: high quality information is the key to a successful portfolio and without it you’ll be lost. SprinkleBit provides all the necessary tools for any investor all from a nice easy-on-the-eyes user interface. So if you’re looking to break free from your apprehension, create a free account at SprinkleBit.com and join me along with all the other members and let’s invest together!

Tags: Crowdsourcing, investing, Investment Decisions, investments, SprinkleBit

Posted by Jayne Ann

Feb 14, 2012 02:05 am GMT Viewed 1591 times

Author: Social Guy Source

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