For some investors using a dividend growth investment approach to select equity investments may represent a new type of stock selection process. It is important for investors to test their investment strategies by constructing phantom stock portfolios before investing real dollars based on these new strategies.
A free website is available, Stocks Quest, where one can test investment strategies. The site is essentially set up like a stock market game. The only requirement for a user is he/she must register with an email address. Once a user is registered, the site provides an investor with $100,000 in fantasy cash. The user can then implement buy and sell transactions and track the performance of their phantom portfolio.
Using a site like Stock Quest site is a good way for an investor to determine how effective their investment strategy performs.
This article was written by Disciplined Approach to Investing. You can visit my site at http://disciplinedinvesting.blogspot.com/ or subscribe to my content by clicking here.
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