217 National Financial Literacy Month - Day 10 - Investing In The Stock Market & You

Paul Lawrence Vann provides an insight into investing in the stock market. Continue working and focusing on paying off your debts because it will allow you to not only invest in stock but being able to invest even more. One of the first things you should do is research investing in stocks, and how to find a stockbroker, an investment firm, accountant, and or lawyer.

It is important to learn about investing in stock by reading books, talking to a stockbroker, obtain a referral for a professional if you do not want to go it alone. Decide what to invest in and how much to invest by understanding the risks (and potential rewards) of different types of investments. 

So what is the stock market?

Glad you asked. It refers to the collection of markets and exchanges where stock buying and selling takes place. Ready to distinguish the different markets? 

The terms “stock market” and “stock exchange” are considered to be the same. And even though it’s called a stock market, other financial securities —such as exchange-traded funds (ETFs), corporate bonds, and derivatives-based stocks, commodities, currencies, and bonds—are also traded in the stock markets.

What should you invest in?

This is a decision you must make if you go it alone, this is why you should find a stockbroker and investment firm. Consider some of the following:

• Stocks
• ETF's
• Bonds
• Mutual Funds

The bottom line is this. stocks like all investments have risk. If you are risk-averse and do not plan to invest for the long run, investing in stocks may not be for you.  If you want to invest in stocks conduct your due diligence and work with a stockbroker, financial advisor, and or an investment firm.

Learn about Paul Lawrence Vann's virtual Financial Fitness course, it is being offered at a 50% discount throughout the month of April, National Financial Literacy Month, here is the link:  https://bit.ly/3dbperG