Join us at our new blog address. We've updated the features, look and feel of our blog.
www.FinancialKudos.com Is the First Place Online Where People Can Share, Invest and Earn Rewards
NEW YORK, NY--(Marketwire - June 9, 2009) - For years, investors searching for tips and information online have contended with messy message boards or restrictive character limits. Finally, there is a place to find quick, easy and relevant information about financial markets. Today, www.FinancialKudos.com, the first online community for investors where members can share, invest and earn rewards, announced its private beta launch. Prospective users are invited to visit www.FinancialKudos.com to request membership and learn more about the new incentive-driven community designed to reward members for their participation and contributions.
"We're pleased to announce the private beta launch of FinancialKudos.com, the first investor community that rewards its members for the quality of their participation," said Larry Margolis, Founder and CEO of Financial Kudos. "For the first time, online investors will have the opportunity to win awards and earn recognition from their peers for providing actionable investment ideas."
FinancialKudos.com invites users to reward one another for posting key trading information and sharing relevant investor tips by gifting "Kudos" points to reflect their appreciation for a good scoop or concept. At the end of each month, the members with highest number of Kudos earned and most notable community contributions will be awarded prizes including a portion of the membership revenue.
FinancialKudos.com offers a robust new interactive community for investors with key elements including:
-- Alerts sent to members to provide real-time updates on posts or investor information on FinancialKudos.com through Twitter and Facebook -- Simple three-step process for creating new posts not limited to 140 characters and commenting on existing threads with multimedia component that allows posting of charts, videos and photographs -- Easy-to-access database searchable by company name, stock symbol, news topic or recent trend -- Leaderboard updated in real time to reflect most active and influential community members
FinancialKudos.com will scale from private beta launch to full national launch in the coming weeks, and invites interested parties to learn more at www.FinancialKudos.com and on Twitter @financialkudos.
FinancialKudos.com is the only online financial social network that rewards members for participating in and contributing to the community with a portion of its membership revenue. Headquartered in New York City, FinancialKudos.com is the go-to online community for novice investors, seasoned professionals and everyone in between, and invites members to showcase their expertise to earn Kudos from their peers while gaining insight into tips and trends from one another. To learn more, please visit www.FinancialKudos.com or follow us on Twitter @financialkudos.
It seems like the first post on this blog was a lifetime ago. We launched this blog on 3/13/2009 with the idea that we wanted to get insight into features and needs for our future membership group. We thank you for your inspiration and ideas. We have added many great ideas to the site and are pleased to announce that beginning tomorrow morning 6/9/2009 you can request an invitation to join our private beta.
Please follow @financialkudos on Twitter to see new posts and use the FaceBook connect feature to add your posts to your FaceBook wall.
We are in the process of putting the finishing touches on the beta release of the Financial Kudos community and we would like to show it off to a few users for a short 'alpha release'.
Timothy Geithner told the Senate Banking Committee that he wants to sell the warrants acquired through the TARP program sooner rather than later. He explained that he is not interested in holding these investments to "maximize value". We were wondering what the government could do with the profits form the warrants and some of the excess receipts from the TARP payback. On idea is to build more stadiums - it appears to be helpings the Yankees - at the same time TARP could finance the payrolls for other baseball teams. (Just kidding of course).
Last week I was reading Informaiton Week and saw an article by Art Wittman that mentioned the "signal to noise ratio" of Twitter. Being an audio buff, this struck as the exact issue which can face Twitter users moving forward. How do you filter the noise so that the posts your read are important to you? I think there are a few really good alternatives out there.
Yesterday, Chrysler dealers received the bad news. The franchise which they thought had value (often in excess of $3,000,000) is now worthless. CNBC called them 'victims' and discussed the fact that since something had to change, somebody had to be a victim to save the industry. Tough medicine to swallow if you were the dealer who opened their mail to find out that their loss will fix the industry.
Are you getting as tired as I am listening to the 'brains' on CNBC? Last week they were talking about the return to better times - even some talk of the DOW testing longer term resistance levels. Today, everyone seems to have gotten up on the wrong side of the bed and is looking not for sunny and 80 degrees, but rather a beginning of a protracted cold war. While I understand the need to give both sides of an argument, I am making the call for some consistency - especially when the economic data has not materially changed form one day to the next.
From time to time it makes sense to step back, see where we have been and then set our sites on where we are going. History is nice but it's just that.
Well the results are in and go figure the findings are better then expected. We discussed this in a blog earlier this week about the worst kept secret. Now that we know the 'facts' its time to move ahead towards the next big thing which is finding the $75 billion required by the group of banks in need. The other guys get to pay off the TRAP and begin to pay executives what the market will permit.