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Getting Involved in Stocks and Shares.

January 2, 2018 by  
Filed under Business, Money, Opinion, Weekly Columns

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(ThySistas.comIf you’re looking for something to engage with that can make you quick cash, stocks and shares may well be a good place for you to start. The thing that often puts people off this area is the complex jargon that often comes hand in hand with it. But once you understand stocks and shares, things are pretty much plain sailing. Here are a few of the basics to get you started in the right direction.

Getting to Grips With the Basics

Let’s start by getting to know what stocks and shares actually are. After all, how else are you meant to deal with them if you’re not sure what they are and how they work? In short, stocks are an intangible purchase that gives you ownership of a company. You heard us right. This can, in theory, entitle you to a given share of the company’s earnings and assets. But why would a company offer shares of themselves out to anyone who’s willing to pay? Most of the time, stocks are put on the market as a means of making quick cash which will allow the company to progress, taking major steps that would have otherwise been unachievable.

Once you’ve purchased a stock, its value will change in accordance with the company’s worth. As we’ve just mentioned, companies often offer out stocks because they’re taking big steps. If these steps pay off, your stocks will increase in value. If you have dividend stock, you’ll receive a share of the company’s profits. If you have standard stocks, you can simply sell off the stock while it is valued at a high price, making a profit on what you originally paid for it. This, of course, means that you need to keep an eye on how much your stock is worth. Selling at the right time can see you make significant profits!

Where to Start

If this sounds good to you, you probably want to test the waters. Rather than throwing yourself into the deep end, you can always try your luck at penny stocks. Penny stocks are the cheapest options on the market, generally being valued at under a dollar. You will be operating outside of major exchanges, and the stocks you deal with will often prove volatile, drastically changing in value. However, it’s good practice, and you can make significant profits. This will get you ready for operation in major stock markets.

Stock Simulators

If you’re a little warier and want to try your hand at dealing in stocks without investing actual money, you can always give stock simulators a go. There are plenty out there which allow you to participate in buying and selling stocks as if the transactions were real while completely mitigating any financial risk.

While you can read up on stocks for as long as you please, you have to get stuck in in real life to make some serious money from them. So, get started today! You’ll quickly get the hang of things.

Staff Writer; Lisa Golden

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