Wait! Before you write this post off as one of those spammy, click-baiting, “get-rich-quick” articles that show up in annoying pop-up windows, notice that this article isn’t called “How to Make Tons of Money in the Stock Market”. In fact, the burden of this article isn’t even to convince you to buy stocks! So please, hear me out.
In my discussions with people on personal finance, it’s become clear that there is widespread misunderstanding (ignorance?) about stocks—what they are, how they work, and whether they’re “good” or “bad.” So consider this post a tutorial to help dispel some myths, offer some definitions—and hopefully—simplify what seems to be a rather complicated subject. It is my intent that this will be beneficial to you, as a piece of practical knowledge, whether you choose to invest in stocks or not. Let’s go! [Read more…]