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What is a Stock?
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What is a Stock and Why Do Stocks Exist?
In this video, we'll explain what a stock is and why it exists.
A stock is a piece of ownership in a company. When you buy a stock, you're essentially buying a piece of ownership in that company.
You become one of the owners, or shareholders, of the company.
Example:
-- Company has 1,000 stocks outstanding
-- You purchase 50 stocks
-- Then you own 5% of the company (50 / 1000)
-- You're entitled to 5% of the company's assets & earnings
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