Learning Stocks Part 1

I have begun my "official" quest to become a better investor, and to create tool that will help me with this endevour.  I have also adopted the philosophy of sharing information, and using information shared by others will benefit everyone in the long run.  With that in mind I have put together a few resources that everyone is free to use and contribute to.  The first one is a wiki for anything stock related.  I started it out listing all of the stock symbols I've been hearing about or am invested in.  If you take a look, there are some facts about the company, and any notes I thought were important.  If we all share notes, we're much more likely to be educated about a stock when an opportunity arises.  So far, what I have learned is that there is simply too much information, data, and opinions out there about stocks to absorb alone.  So this wiki is something I think will help everyone that uses it digest more information and cut through to the important tidbits we can all pick up from everywhere.  So here's the link to the wiki.

Stocks Wiki

The second thing I did was to see if there were sites that I could use to test my theories on picking stocks.  I found a site that allows you to setup a virtual portfolio, and even have contests to see how much money everyone makes in a set time period.  I set up such a contest and invite everyone to join.  The link to see the virtual stock echange I setup is here, and it only asks for email and a password to get started I believe, so try it out.

Virtual Stock Exchange

That's it for now, I am looking into a few other sites and will write about my first stock screening idea which I am currently testing at the virtual stock exchange in my next post.  Please feel free to comment about the resources and/or give me suggestions on other tools that might be helpful in making money and learning about the stock market.