Today, lots of people want to work less and earn more. Who doesn't??
That’s why you keep hearing: “Get multiple streams of income!”
Stocks are one of the most popular income streams today.
This guide is not a get-rich-quick scheme. It’s a simple, step-by-step intro to stocks made just for beginners. This is not investment advice. It’s for educational purposes only.
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This is a beginner's guide to stocks.
Imagine owning a slice of a business like Coca-Cola or Apple. That’s what a stock gives you: part ownership in a company.
So what's the big deal about that?
Let Silicon Valley's superstar investor Naval Ravikant speak on that:
You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom -Naval
A stock = a small piece of a company.
Let’s say you and 9 friends buy a pizza. Each of you own 1 out of 10 slices. That’s exactly how stocks work. Instead of pizza, it’s a company.
If a company has 1,000,000 shares, and you buy 1,000 shares, you own 0.1% of that company.
A stock (also known as equity) is a security that represents the ownership of a fraction of a corporation. This entitles the owner of the stock (shareholder) to a proportion of the corporation's assets and profits equal to how much stock they own.