Cake Financial Has Bad Investors

• Cake Financial is a social investment site that lets people safely and securely track all their stock investments in one place as well as rate other investor portfolios.
• They have been growing quickly and have added a few new features.
• Cakedex will display the top 100 holdings performing the best out of its top social investors.
• CakeTake is real time rating system based on trends of stocks being bought/sold by its members.
• CakeScout Let’s you compare your stocks with similar investors who share the same holdings.
• Based on the CakeIndex, the  top 10% of their members only showed a return of 7.42% for the year compared with -10% for the average social investor. Ouch economy.
• Competes mostly with Covestor.com

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Made tiny from: TechCrunch.com original post

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