Who wants a new 8Gb Apple iPod Touch for $50? Thats a brand new – worth $US229 – iPod Touch! And actually, it is really free! Let me explain…

Ameritrade are doing a promo to encourage people to set up accounts with them. Untill the 31st March 2009, anyone (see below) who sets up an account with a $50 deposit, will receive a FREE 8Gb iPhone Touch!!

Is there a catch? Well, you have to be an American and have a social security number. But otherwise – yep, you can get yourself an iPod Touch for 50 bucks (max cost – but only if you then just walk away from your deposit!) While most of our readers are from the US, we appreciate that we do have many readers from around the globe – unfortunately, this great deal is only available locally.

Now many iPhone owners are already share traders and have accounts already with other online traders. But none of them offer an iPhone App (eTrader has an App for Balckberry, but not iPhone) The whole reason behind this fantastic offer is to spread the word that Ameritrade now has a (free) iPhone App – which means that trading can now be done from our iPhone (or iPod Touch!).

And we figure we can sweeten this deal for you even more. Because we found a great way to actually turn that $50 into even more bucks (and, by the way, make good use that new iPod Touch).

Just check out this site, to see what we mean. According to news reports last week, Wall Street is at a 25 year low. Looks like a good time to buy. And this Robot looks like a great way for a beginner to get involved (remember, you have to put in $50 anyway to get the iPod Touch – which means that there is $50 to play with. Which means that there is really nothing to lose and everything to gain)

Anyway, I know that’s what I am going to do. Because, the way I see it – that $50 is the price I had to pay to get the iPod Touch, anyway. But I can also still use use it – to make money. And, because I am a beginner, I am going to sign up for the Stock Robot. That way, I save $179 on my iPod Purchase and maybe end up making hundreds on share trading ! Win-win-win-win!

And if I don’t, well, I still get the iPod Touch for $50! Just can’t see a downside here. Which is why I got carried away and did this post! I will post the photo of my iPod Touch when it arrives – but don’t wait for that, this is a limited time offer.