Can someone please explain the Stock Market and how it works to me in English?
(I do not understand what the Stock Market really is or how it works. I would really appreciate if someone could explain it to me in easy to understand terms. Thank You.)
Answer:
Well, the stock market is a great place to invest your money in. This is how it works: 1) Let’s say you bought 100 shares of a stock. The stock value is $14, so you pay $1400 2) The next day the vaule increased by $2 to $16, and you decided to sell it. If you have sold 14 shares you have earned a $1600, which is a $200 profit. In simple terms, the stock market is like a waiting game, where you buy cheap and sell expensive.
Posted: July 29th, 2010 under US Stock Market.
Tags: explain the Stock Market, Stock market