Learning about the stock market can seem overwhelming. Stock market investing games that also teach can make learning easy and fun. Wall Street Survivor is one of these games. They give you $100,000 free virtual money to practice stock investing.
Wall Street Survivor seems very easy to use and straightforward. The website layout is clear and concise. It offers ample opportunity to learn how to invest. There is a library of articles that covers almost every topic of investing.
My favorite part of the site is the courses section. Here you can buy stocks as you learn about an investing topic. I took the following courses to do this review: "Portfolio Basics", "Finding Stock Ideas", and "Investment Strategies".
Each course offered a good, basic overview of the topic. In "Portfolio Basics", the course covered the reasons for investing in stocks and the ways stocks can earn you money. It has a "hands on" section where you purchase your first stock. This is in your course portfolio which is separate from your practice portfolio.
The course portfolio is strictly for your education. The practice portfolio is what is used to compete against others in the game. This is if you want to compete. You can use the practice portfolio simply to learn to trade before opening a real money portfolio with a broker.
The "Finding Stock Ideas" and "Investment Strategies" courses went into more ways to choose stocks. Each course had a section where you purchased stock after what you learned. All three courses had a quiz at the end and a badge for successfully completing the course and quiz. Don't worry if you don't pass the first time. You can always retake the course. Besides, it is what you learn and absorb that counts.
Buying and selling stocks are in the "Make a Trade" section. It is very straightforward. Current stock prices for the most popular stocks are displayed here. The "Investing Ideas" section lists stocks that you may wish to invest in. The site has stocks that are marked "recommended" that you may want to consider.
You can form your own league or join a league if you choose. You can follow your fellow gamerís performance or try to compete against them. Just observing what others do with their portfolios can be a good learning experience.
I highly recommend wallstreetsurvivor.com. I love the courses with the actual buying experiences. In my opinion, actually buying and selling creates a more real sense of accomplishment than just reading about investing. I believe this is a great game for beginners. It is an excellent opportunity to try out investing ideas for the experienced trader. Where else can you hone your investing skills without losing real money?
I signed up with wallstreetsurvivor.com. I receive no compensation of any kind from Wall Street Survivor.
Want to play the game? Here is the link - Wall Street Survivor
May I recommend my ebook, Investing $10K in 2013