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Have you heard of Shareville? It's the facebook of private investors

2/6/2015

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In Scandinavia people love IT and smarthphones. It is actually the region in the world where the penetration rate of online and digital services is the highest in the world. So it is normal that they even invented shareville. We are talking of a revolution in the world of online finance: it's a facebook for private investors, a real community to share ideas about trading.

Shareville is an online community organised by the Swedish broker Nordnet where you can find 39,295 stock portfolios for a total value of roughly $1.3 bn. These are the portfolios of a comunity of private investors which are all enthusiats to take their own investment decisions. If you join the service you can rate and follow the best performing portfolios. It's exactly the same way as the pension funds are doing with their Bloomberg terminals, except that it's for free for you, which is way better than having to pay a fat cat pension fund manager ... For instance you can find Gunnar in Stockholm who had a return of +24% during the last 3 month, with the breakdown of his trades and current holdings. Once you that think Gunnar is a really smart guy, you can even decide follow his next moves to get the same returns... 

Check it here: https://www.shareville.se/
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