Play the Stock Market for Fun »

As I said in my last post, if you’re just starting to get into the stock market “pretending to play the stock market online” is a great way to learn more about it. Some people think the stock market is just for wealthy people so they don’t even bother getting into “the game” or even trying it. If you have ever thought that way, then you should change your thinking to this: The stock market isn’t just for wealthy people… the stock market is HOW most wealthy people became wealthy in the first place! Even if you don’t have the money to start investing in stock you should go online and get familiar with the trading process (buying and selling). It’s a fun learning experience and by making a game of trading and being in the environment, you’ll definitely want to get into it for real.

Investing in stock and mutual funds is one of the quickest ways to get rich, but most people just think about it and say “some day I’ll invest” and they never end up really doing it. So, like I said, by making a fun game out of it, you learn and you’ll be one step closer to doing it for real. One thing to remember is not to get stressed while practicing… this is supposed to be fun! lol I know when I first started “playing” the stock market online, I started getting stressed when I had a good “find”… I worried that if I didn’t buy it right then and there I would miss out on the BIG ONE. But believe me when I say this… there will be ALWAYS be plenty of opportunities for you to find good deals whenever you play the stock market. (but if you do have the money now, then go for it!)

One commenter, Mark Berger, gave us a great site to use for this purpose. It’s  called the WallStreetSurvivor.com. I signed up for it, but haven’t gone any further yet as I’m busy with other things right now, but I will definitely go and try it out when I get the chance. They let you play with $50,000 and it looks like you can win money by playing the game, if you sign up before August 29th! Read more »