Investopedia

Investopedia is a website that provides financial advice about stocks. There are countless sources that teach you how to invest. Also, you can look to Investopedia for information about how stocks are doing, as it shows if they are falling or rising. 

However, all of these aside, my favorite resource on Investopedia is the Stock Simulator. This feature allows users to “purchase” fake stocks with virtual money. This way, beginners along with more advanced stock owners can experience the stock market without having to risk their own money. 

In order to play this Stock Simulator, you only need to create an account with Investopedia. After you get that taken care of, the website is free to access. To start off, you are given 100,000 dollars (buying power) to purchase whichever stocks you would like. But, don’t worry, Investopedia also shows you if a stock’s value is projected to increase or decrease, and whether you should buy or sell the stock. Fortunately, Investopedia provides this type of help on purchasing stocks, so you can choose the right stocks to virtually invest in on the website. 

Some stocks that I have found to be successful on Investopedia and in the Stock Market recently (as of November 2022) are the Goldman Sachs Group Incorporation share and the stock of Costco Wholesale Corporation. 

If you’re interested in purchasing a share in a stock in real life, I highly suggest you try Investopedia first to research a bit about it. You can learn how to manage your stock as well as how to choose stocks wisely. Also, purchasing the stock in Investopedia before you buy in real life can help show you the patterns of that stock. Enjoy trading stocks on Investopedia! 

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