Hi everyone, my first post other than my "new to the game" introduction post so sorry if this is already answered, or is a stupid question.
Obviously I'm just starting out, and would like to get a feel of things first.
I'm interested in using "paper money"; pretending to buy shares so that if things go bad I don't actually lose anything.
But I don't get it... so I pick a stock, "buy" it, and watch it go up/down? Is that it? I'll get to see my imaginary equity go up or down, I understand that much, but what about any dividends that I would have received? How do I find out how much I would have made if I had bought real shares? And what if a "paper money" investor chooses to reinvest dividends? How would one work that out?
I'm used to watching stock prices go up/down, I can wrap my head around that. But as I understand it, that's only half the story, and one receives money from investing in stocks not only through capital gains, but other ways (through distributions/dividends).
Thanks! Please let me know if my question isn't so clear.