MyWallSt.net is a site that will give you the opportunity to understand the market and investing, using virtual money.  The site will act just as a real portfolio with someone like E-Trade works.  You purchase the stocks that you believe will do well in the current market.  You decide if you are going to hold them for the long term or are going to turn them rather quickly and be a profit taker.

The site will follow what you are doing, how you are fairing and if you are one of the lucky winners in accumulted stock wealth you will be eligable for a real cash bonus.

There is a delay in the posting of the stocks, just like in real purchases so that you will understand the delay.  Also, there is a "fee" for your purchases.  Out of the money they give you to start your account, $100.000, there is a $20 activity fee.  That means that when you are calculating the amount of money you have be sure to withdraw the fee from your balance.  You can make 20 trades a day (if you are crazy enough to want to keep track of that many) so it could get expensive to just trade for the sake of trading.

This is a great way to learn about investing, to see if you really want to manage your own investments or want to have a professional do it for you.  Just sign up for the Rookie challenge section and have a chance to win the $1000 weekly pay out.  Remember, the one that does the best with the investment portfolio is the winner…think seriously about what you want to invest in, think out the strategy and register to play!