Hello there readers!
It’s Friday! The weekend starts, which is good news. The bad news are that I work tomorrow. Not really bad, but unfortunate. The upside is that I will be here all day waiting for your call! Call me. Please.
So, today we are going to adress the very important topic of stocks. What are stocks, really?
Well, stocks are the parts that companies are divided in, which then become available to the general consumer when they are public. You can think of stocks as regular products sold in a store. The merchandiser offers products at a certain price, and the consumer acquires them at a certain price that is established at the time. That price can change, the products can go on sale, or become more expensive depending on the demand that they have.
Simple right? It is easier to understand when you put it in a day to day context.
Buying and selling stocks can be scary, but you know what’s coming? Yes, some insightful tips that can help you start:
Know WHEN to start: If you don’t have a savings fund, or have consumer debt, hold it out.
Don’t chase the gold: If there is something really big right now, chances are it won’t be that way tomorrow. Study the history of the investment, the stability of it’s price, and most importantly, the time it’s been on top. Slow but steady.
Financial Plan: Determine the amount of money that you have, the time period of your investment, and the field you want to choose.
Hire a broker: Do your research of experts in the field that you want to invest in. First Investment? Broker’s Fee.
Commonly Used Phrases, or what I call “Stock Slang”:
Share: This means a share in the ownership of the company. Whatever the company makes, you are entitled to a part of that, depending on how many shares you have, and how many shares are available for the company to sell. The bigger number of shares, the smaller profit for you.
Assets: Posesions of the company. This can be physical such as buildings, equipment, or intelectual, like trademarks and patents.
Market Orders: This is how you buy. Your broker gets the notice to buy whatever number of stocks at the current price.
Bull Market: The Market its in good shape and it is a good time for you to buy.
Bear Market: See Bull Market above. Do the opposite.
I hope these you found this post helpful. How do you sell stocks, you ask? Oh, that is a whole other question that I’ll answer later on.
I can however answer your product development questions RIGHT NOW! Call 1 888 276 5688.