What Are Stocks and How Do They Work? - Ramsey
Stocks are small shares of a company that you can buy as an investment. But how do they work? And what’s the best way to invest in the stock market?
Did you ever hear the story about the tortoise and the hare when you were a kid? Believe it or not, we can learn about investing from this little tale. There’s a fast and reckless way to approach buying stocks (the hare) and a slow and steady way (the tortoise). I bet you can guess which one I recommend. Yup—the tortoise. I want you to win this race, no matter how long it takes!
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