Today I came across a great educational tool for individual investors curious about online investing. The investing online resource center (IORC) was designed to to be a source of noncommercial information about investing online and was created by the North American Securities Administrators Association (NASAA). While it is still online, the IORC does not seem to be updated anymore. Even so, there is a useful section for beginner investors to check out called the “investing simulation center” which contains three interactive modules:
- Find out what it’s like to trade online
- Learn how margin accounts work
- Don’t get burned: Spot the hype
Overall the modules are both interactive and informative. My biggest recommendation is to turn down the volume when going through the modules as there is a constant strange techno “music” playing in the background (and there is no way I found to turn it off). Also, the modules are flash based (mac users take note).
About the Daily Stumble
This section provides links to interesting websites or resources that we uncover as we scour the internet and beyond for the best stock market education resources for investors.