UpDown.com, the online community that allows young people to practice investing, announced today that it has registered its one hundred thousandth member.
"The UpDown community has experienced tremendous growth during these tough economic times," said Michael Reich, CEO and co-founder of UpDown.com. "It's clear that UpDown.com's risk-free brokerage simulation and helpful stock analyses offer beginning investors a very valuable resource."
UpDown.com's unique community has been online for just over a year, and its exciting investment contests have brought thousands of students and amateur investors together from across the nation to compete for over $150,000 in prizes.
"The severe losses and high volatility in the stock market are very intimidating for people who are just starting out with investing," Reich explains. "It's hard to know where to begin when the markets are so uncertain. With such a risky market, UpDown.com is the ideal place for people to learn how to analyze stocks and make sound investment decisions."
UpDown.com is a free community for investors that allows members to practice trading in a lifelike brokerage simulation. By participating in the community, UpDown.com members learn the ins and outs of Wall Street by investing $1,000,000 in virtual money. UpDown.com also provides a platform for investors to improve their financial analysis skills by sharing stock tips with other members.