Demystifying Stocks: What Are They and How Do They Work?
Manage episode 511009084 series 3562735
Stocks don’t have to be all fancy-pants and complicated, folks! Today, we’re diving into the basics of what stocks really are and how they work, all in plain English. Trust me, if you’ve ever felt like stocks are just for Wall Street big shots, you’re not alone, and I’m here to clear up that confusion. We’ll break it down like this: buying a stock is like snagging a slice of pizza – you own a piece of the action! So, whether you’re totally lost or just curious, stick around as we sprinkle some wisdom and help you build long-term confidence in your investing game. Let's get to it!
Check the full podcast episode here
Takeaways:
- Stocks are just slices of ownership in a company, kinda like pizza slices, right?
- Don't let stocks scare you; they're simpler than they seem, trust me on this!
- Thinking of stocks as a long-term game is key; patience pays off big time.
- Owning stocks can lead to dividends, which is like getting paid just for owning a slice!
- Companies sell stocks to raise money for growth, so you’re in it together, buddy!
- Investing in stocks can create wealth over time, just gotta hang tight through the ups and downs.
Links referenced in this episode:
LISTEN NOW
WATCH NOW ON YOUTUBE (OUR VIDEO VERSION)
WATCH NOW ON RUMBLE (OUR VIDEO VERSION)
Please share our Podcast with all your friends and family!
Submit your questions or ideas for future shows - email us at
[email protected] or leave a voicemail message on our podcast page
Buy Ralph's Book - Mastering Your Finances!
Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business Journey
Buy Ralph's Book - How to Become a Financially Confident Christian
Want to be a guest on Financially Confident Christian? Send Ralph Estep, Jr. a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1704313698808231d175d3ba6
Tired of feeling stuck in your business? Discover my 12-week coaching program built for small business owners just like you: www.gritandgrowthbusiness.com/coaching
902 episodes