MyWallSt.net

While I’m not exactly vocal about it, something not many people know about me is that I’m into the stock market. When my grandmother passed away she left me with quite a bit of her stock in AT&T and a few other companies. The money has fallen and ballooned over the past 10 years and while the number is great, I don’t plan on selling or cashing out anytime soon. I want to say this is the case for all of the shares that I own, but the smaller unknown stocks really didn’t do very well at all, thank god for the iPhone, right?

In any event, today I came across MyWallSt.net, it’s a social networking site for those interested in investing. You can learn about investing, trade ideas with other members, and trade virtual money with real stocks as well. I like this idea based on the fact that there are many people out there who don’t quite understand the process, so by investing fake money into a stock that you follow for your own enjoyment, you can learn about how things rise and fall at any given time. If you then grow confident enough to the point that you’d put in your own money then that’s exactly what this site is for. Helping you during every step of the way. Through this site you’re given the ability to get in touch with numerous members both in stocks and learning through trial and error themselves. You can get financial decisions, with a focus on stock picks to help you. You just create a profile, like you would on many other social networking sites and then go from there.