Why would anyone invest in stocks while Intrade provides so much free money? (user search)
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  Why would anyone invest in stocks while Intrade provides so much free money? (search mode)
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Author Topic: Why would anyone invest in stocks while Intrade provides so much free money?  (Read 2145 times)
I spent the winter writing songs about getting better
BRTD
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« on: August 05, 2008, 12:53:06 PM »

Most of these are fairly low volume. Granted there were some more high volume ones that were sure things, such as shorting Paul to be the GOP nominee or Gore to be the Democratic nominee. However keep in mind at his peak Paul was still running at about 7. Bid $100...win $107 (before InTrade fees.) Even bidding $1000 would only win you about $1070, an extra $70. So is it worth it to have that $1000 frozen for that long? If you had enough money to where it didn't matter, the $70 wouldn't matter either. That's the main reason I never invested.
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