How You Can Make Money Selling Your Investing Ideas
If you ever had some investing ideas or are the person in your family or circle of friends look to for investing advice then Motif is the right app for you. The app right now allows you to see how people who have a public portfolio are investing or you can just share with your contacts to see who has the best investing ideas. Their newest innovation though is allowing your portfolio to be public and if someone wants to copy your ideas you will get paid a royalty.
Learn how earn royalty payments from your portfolio.
Today, the company is introducing a “build your own” (BYO) motif option that will allow individuals, organizations, and brands to construct and share their own collections of stocks online. In approximately one month, these fund creators will be able to make money through royalties when other investors buy their funds. Community BYO motifs will soon be featured in the equivalent of an investment marketplace where others can search, discover, and purchase based on these ideas, or use them as a starting point to make personalized modifications. Users can also share the motifs they create via Facebook and Twitter, should the wish.
This feature actually allows you to be your own hedge fund manager without taking all those pesky Series exams to get your license. The payout might not be as good but you can still earn royalties on the amount of people who are buying your ideas. You could even build your own brand on twitter and direct people to your motif portfolio. This combines social media revenue with your investing revenue!
Read about how Motif is changing the way the world invests.
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About Shaun Archer Tatum Shaun works in corporate finance in New York City. He has done financial consulting for several start-ups and has worked at several Fortune 500 companies. He has contributed several finance/investing articles on Seeking Alpha which have been published on Yahoo! Finance.