Online portfolio-sharing site Covestor takes social investing to a new level, launching Covestor...

|By:, SA News Editor

Online portfolio-sharing site Covestor takes social investing to a new level, launching Covestor Investment Management, which allows members to hotwire their brokerage accounts to automatically take the same positions as top-performing traders. Here's the press release, and TechCrunch's take. Past performance doesn't guarantee future success, but at least the money stays in your hands.