According to the Legend, Joseph Kennedy, before Black Thursday, sold all his stock. This was right before the beginning of the stock market crash in the year 1929. Most investors lost a lot of money, and this was one of the marking points of what is known as the Great Depression. But why did Kennedy sell? Legend says that a shoeshine man gave him the stock tip. Back in the 1920s, the powerful and the rich invested in the stock market. To Kennedy, a shoeshine guy would not be that much informed on the stock market unless something was terribly wrong.
Nowadays, many individuals who are not rich own stock. With online trading, anyone with enough capital, a good financial history, and a computer can make investments in the stock market. People do not need personal brokers or huge sums of money to invest. Lately, when average people invest, it is not a cause for alarm. Although the market is more accessible now, you have to take online trading seriously. Below is more information on online trading account types, things to look for in an online broker, how to stay protected from fraudsters and make trades.
Reviewing Stocks & Markets
A stock share is a small piece of a company. The buyers of stock, or shareholders, invest in a company’s future by owning the corporation’s shares. A share’s price is dependent on a number of factors including economic conditions, a company’s performance and the attitude of investors. IPO, or Initial Public Offering, is a company’s first time in offering its stock for sale to the public. This move is also called going public.
Once the company makes profits, the money is shared with stockholders through giving a dividend. Profits can also be saved or re-invested by improving …