The following guest post is from Carlos Portocarrero, WeSeed Writer.
Quick question: how many of you out there want to learn more about the stock market but can’t make it through a single issue of The Economist before your eyes start to cross and you start nodding off?
Welcome to the club-but just because you don’t want to become a professional stock trader, it doesn’t mean you can’t learn the basics of investing in a fun, interesting way.
What is WeSeed?
WeSeed.com is a safe place where you can learn about investing without getting bored to death. Investing isn’t about formulas and ratios that keep everyday people like you and I from participating in the stock market. It’s about the things we buy and the companies behind them.
As we like to say, WeSeed is the stock market for the rest of us. Think of WeSeed as the stock market with massive training wheels attached.
There are all kinds of things you can do at WeSeed, like:
- Find stocks that relate to what you know and love
- Explore real companies and real stocks
- Buy and sell stocks in a totally safe environment
- Interact with other users and follow their portfolios
- Comment on stories or companies you like
When I was in college, all my friends subscribed to The Wall Street Journal. They all wanted to make tons of money and the stock market was the place to do it. The problem was, they didn’t even know how to create a budget, start a high-yield savings account, or control their spending. They didn’t care about that stuff-they wanted to make millions in the stock market, and the Journal was the way to do it.
If you took a short walk around campus, you’d see Journals piled up on almost every door. They came every day and my friends (and lots of others) could never keep up-they didn’t have the time or the discipline to sit down and read them. So they piled up-these kids wanted to get rich but all they were doing was throwing their money away day after day.
It Starts with Personal Finance
Investing starts with personal finance-that’s why I’m at Frugal Dad, one of the best personal-finance sites out there. You start off by learning the basics: controlling your spending, creating a budget, eliminating your debt, etc. Those are the essentials of personal finance. Once you master them you move on to the next step: investing.
How WeSeed can Help
At WeSeed, our goal is to get people interested in the stock market. Why? Because it’s important stuff-it’ll make you smarter, more aware, and it’ll help you understand what the heck is going on the next time your job has a 401(k) meeting.
But not on Wall Street’s terms-on your terms.
It’s not only about learning, either. It’s about learning in a community of other people that want to teach and be taught. Because when we all band together, we have an advantage that Wall Street doesn’t have: The things we buy and products we use are what wind up driving stock prices-so if we share what we know about these products, we’ll know about the trends before Wall Street figures out what’s going on.
Learning Doesn’t Have to be Boring
WeSeed isn’t about getting rich or making tons of money. We’re about getting smart and opening up the world of stocks to everyone. Because if we’re the ones driving stock prices by setting trends and buying products, shouldn’t we come along for the ride?
WeSeed.com also has tons of other cool stuff like fun videos (for those that can’t stand reading) that highlight current events and how the stock market ties into almost everything you can think of.
The best part? We’re still making tons of changes, so if you have a great idea that makes it easier for you and everyone else to learn about stocks, then shoot it our way and odds are we’ll try to add it to the site.
Check us out at WeSeed.com and let us know what you think!
Note from Frugal Dad: The WeSeed website has been up and down most of Friday morning. Talk about bad timing! I hope you’ll bookmark it, or check back here, and visit the site later when it is up and running. It is worth the wait.