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Tuesday, January 16, 2007

Make Money From Politics

Make Money From Politics

For some people, learning the mechanics of investing can be difficult. Even after you manage to choose an appropriate investment, open an account with a financial institution, and deposit some money with which to make a purchase, actually pulling the trigger and buying a stock or mutual fund can be a scary thing to do. Just imagine: An accidental extra zero in the wrong column could leave you with a very expensive mistake.

Most online brokers offer tutorials to help beginning investors avoid making costly errors in entering orders. However, a graduate school has given investors a fun alternative that can teach you about how markets operate and also offer you a chance to invest in the prospects of your favorite political candidate or party.

The University of Iowa's Tippie College of Business developed the Iowa Electronic Markets (IEM) in 1988 as a tool for teaching students about market mechanics and as a way to gather research for studies about investor behavior.


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