Which other industry gives you this much Freedom?

Alexadex, No Cheating!

21. Mar 2007 | 5 Comments

Stock MarketSo I’ve been getting into the Australian Stock Market over the past few weeks (ASX) & it’s a fantastic place to earn money if you know what you’re doing & you all know that I’m all for diversifying your income as much as possible.

I don’t totally know what I’m doing just yet but I do like to research things & dig up information that may lead to a more informed choice about something. Not dissimilar from Affiliate Marketing really, learning to pick the right affiliates & right products that will convert & bring good productivity over time.

I found this awesome site a few weeks ago too, it’s called Alexadex & it allows you to play on a pretend stock market using sites Alexa rank as currency. If the rank goes up the stock goes up & you can sell higher for a profit. If the sites rank goes down then your stock will go down & you’ll lose money.

Vision

Do you have a good vision for which websites are going to get popular & which ones aren’t? For example if you’d added Auction Ads to your portfolio last week you probably would have earned a tidy 40,000% profit.

Gaming

Unfortunately, anyone with half a brain would know that all you need to do is look for upcoming sites on digg that have hit the front page & by a heap of stock low then sell once Alexa updates :P

Oh well, if only the real stock market could be predicted like that. I could be blogging from a Desert Island :)

So give Alexadex a go, can you get anywhere without using sites like Digg to cheat?

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5 Comments on "Alexadex, No Cheating!"

Mike 22. Mar 2007, 1:29 am

But you cannot earn real money with Alexadex so it’s uninteresting.

Duncan 22. Mar 2007, 3:23 pm

If you’re playing with the ASX just wait till you have to do your tax return come July….bloody nightmare, why the ATO can’t make it simpler (or the Government for that matter) is beyond me.

Ripley Norta 22. Mar 2007, 5:15 pm

That’s why you have an accountant.

Unless you are an accountant, preferably a tax accountant, your best bet to get a decent return is to outsource your taxes to a qualified professional. I started doing that several years and have been very satisfied with the results.

Babak 23. Mar 2007, 1:44 pm

if you have any questions re the ASX or trading in general, ask away :o)

Nathalie 15. Aug 2007, 8:50 pm

Also try http://www.trendio.com for those who like this kind of prediction games!

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