CakeFinancial.com - Make An Informed Investment Choice

If you're an investor, you understand the value of getting accurate and inexpensive information about the market. Since unfortunately financial advisors don't always provide this information (be it lack of knowledge or putting their own interests ahead of yours) you might want to go an alternate route when it comes to choosing a stock. Cake Financial is a new web-based investment service which combines the power of the "wisdom of the crowds" with data from major online brokerage firms. You can use Cake to keep track of your existing stocks, but more importantly, you can use it to help you discover what might be a new profitable investment. The Cake system is based on a Harvard Business School study that showed that "there are many individuals who consistently beat major stock market indices and investment professionals". Cake believes a number of these individuals could be your friends and family. Armed with this knowledge, Cake allows you to construct a secure network of confidantes with whom you may collaborate to share ideas and guidance. To do this, sign up for an account (free), and start establishing your network. You can browse portfolios and follow real-time trades of top-performing investors and keep track of your own investments and those of your contacts. Lastly, if the thought of publishing stock information online makes your knees shake, you'll be happy to know that Cake has a state-of-the-art security system which even comes with a guarantee to reimburse any potential financial loss you might incur from a security breach.

"Cake is the only place where you can track your performance and follow the actual portfolios and real-time trades of top-performing investors and your trusted network.
All safely, securely and anonymously. All in one place. All for free. It's Cake".

Cake Financial offers all the components of a successful startup: it's easy to use, innovative, backed by credible partners, and created by a knowledgeable team. Its service is truly unique; using the "wisdom of the crowds" to predict a certain outcome is certainly a popular technique these days, but not one that I've ever seen used in this way. Cake could really help investors by learning from others' experiences by contrasting your network's results with those of online brokerage firms. In short, an simple yet powerful tool for making an informed investment choice.

It would be great if the site offered some testimonials so we could see proof of Cake Financial's potential. Given the importance of your social network, it's also unclear exactly how you create one; do you send out email invites, add existing Cake users, or both? How can you browse someone's profile to check out their investment history?