So, you've heard some of your friends talking about how the price of some stock fell 30% in one day and how it's the end of the world. You don't tell them this, but you have no idea what the stock market is, or why anyone cares about it. Well, then, this article is for you. DISCLAIMER: This article does not constitute financial advice. It is purely meant for educational purposes. Anything stated in this article, fact or not, is the author's opinion. The author disclaims any and all responsibility for damage or loss incurred as a result of this article. What are stocks? The first thing one might ask is, what exactly are they? Well, essentially, owning a stock means owning a fraction of a business. Company owners will split up the ownership of a company into parts. In most cases, several million parts. These parts or, "shares", are then traded on the stock market. You might ask, "why would companies sell parts of their company to the public?" The answ...
Explanations and opinions from a student who has mostly no experience in the field.
