I have been looking for a social network that will not be something totally lame, and can be something interesting that I will really dig my teeth into. Mywallst.net sure fits that profile! They are a social network that promotes fantasy investing.
Best of all in my book, is that you can win $1000 through their rookie challenge. All you have to do is signup with them. Oh, and when you do signup if you share your personal information you get a free hat! However, I have heard rumors that people have been called, I just signed up so I cannot tell you for sure so be cautious!
You start of with $100,000(remember this is not real money.) and you can buy and sell as much as you want. However, they make it more realistic in the fact that orders are only “processed” Monday-Friday from 10:00 A.M. to 4 P.M. E.T. You are required to hold shares for an hour, and you can only have 20 active “holdings”. This sounds more and more lifelike! I have already been buying up a couple of stocks, although I won’t let you see my secrets just yet. This might be a great way to get your kids some financial sense, so they won’t mess up later in life when they are adults and have $100,000 in real money! Mywallst might be taking up some of my time so don’t get mad if my posting decreases! Remember this is all FREE, so why not try a little e-trading today?
