The stock market can seem intimidating, but understanding basics helps you build wealth through investing.
What is a Stock?
A stock represents ownership in a company. When you buy stock, you become a partial owner. Stock prices fluctuate based on company performance and market conditions.
Key Concepts:
- • Bull market: Prices rising
- • Bear market: Prices falling
- • Volatility: Price fluctuations
- • Diversification: Spreading investments
- • Dollar-cost averaging: Regular investing
Getting Started
Open a brokerage account. Start with index funds. Invest regularly. Don't try to time the market. Think long-term (10+ years).