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Sure, it's no Lemelson Prize (here), but $10K goes a long way when buying pizza and beer - or as college students call it .... breakfast.

Updown.com is a virtual investing website started by three Harvard students. They are starting a new contest tomorrow, March 1st for students (undergraduate and graduate) and the prize is $10K.

How do you win? I'm a little unclear on the rules, but I believe it's based on highest portfolio returns and also some sort of stock analysis report that you have to write during the competition.

Click (here) to go to the contest site and sign up. The contest ends May 31st. Contest starts in 9 hrs, 50 mins, 33 secs (they have a counter on their webpage).

I'm not sure if this is the same thing, but I read an article a while ago about one of these virtual investing sites that was tied to a hedge fund that was basically using other people's picks on the site that had good track records.

I've also heard that if you do well on some of these sites, you could get offered a job in the financial industry.



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