What are stocks and what’s the appeal?
3 mins
We’re not going to lie, stock picking can be one of the most exhilarating ways of putting your money to work. Seeing your carefully chosen shares rocket after the company reports great earnings might make your heart beat faster (and make you feel super smart), but don’t be fooled about the risks – stocks can just as easily go crashing down.
If you don’t want to hand over control of your investments to someone else (in a mutual fund or robo-advisor, for example) this pack will teach you tips to stop you from biting off more than you can handle.
Before we go too far, what actually is a stock? Stocks (a.k.a. shares or equities) are an ownership stake in a company that gives you a claim on a small portion of its earnings. In this Pack we’re going to focus on shares of public companies –
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