Expert: Dr. Joseph de Beauchamp - 12/29/2004

Question
Dear Dr.Joseph de Beauchamp, I have been learning to invest, I heard on the radio that there are a few websites where you can practice  how to invest and it's just like you are really investing, would you happen to know any of these websites?  

                               Thankyou,
                                Luisa

Answer
Luisa,

There is one that is free and fun. I run it. It is http://wfnn.info and you can read all about 2000 companies and mutual funds. You can sign up and get late breaking emails. You can also email at info@wfnn.info ---I also recommend a visit to the local library and read all about Warren Buffett, George Soros, and anything on financial statement analysis.

Avoid and and all quick solutions, fast ways to make money --such as day trading. After 32 years in the business and also teaching right up to doctorate levels, I can plainly tell you that all the day trading ideas just do not work.

Happy New Year!

Dr. Joe de Beauchamp