Learn about stock trading, measuring risks, exchange-traded funds, investing strategies,and understanding the marketplace with online courses from top institutions and schools now!
What are Stocks?
If you keep reading about the stock market but aren't sure what stocks actually are, it's not a big deal. The concept of the stock market can be unfamiliar financial territory for many people. Stocks, also called equities, give shareholders a small stake in a company. An investor buys these shares, giving companies cash flow, and in return, the company provides value in return. In some cases, this is regular income. In other cases, it's monetary value that can be withdrawn based on market performance.
Learning about Stocks
If you're going to invest in the stock market for the first time, or you have invested and would like to understand more about how it all works, you should take the time to learn the ins and outs of the market. Investing isn't like putting money away for savings, not really, so you should always have a solid foundation of knowledge to make the best decisions with your investments.
Stock Trading Courses and Certifications
edX offers stock market courses in partnership with leading institutions, bringing the world of finance right to your doorstep. Through these courses, you will learn about brokerage accounts, the New York Stock Exchange (NYSE) , how to buy and trade stocks, and a multitude of investment strategies. You can participate in IIMB's foundational course on Investing and learn about how different markets, including the Dow Jones and NASDAQ, work and what different types of stocks have to offer. If you don't know the difference between an ETF and a mutual fund, this is a great beginner's course. You can also take courses on equities with IIMB, or learn from one of the best in the field with the New York Institute of Finance. You can master the basics of stock trading, learn to evaluate stocks based on Wall Street predictions, build your knowledge base of different types of stocks, including the S&P 500 index, and other market data. You'll also gain an understanding of how stocks affect the U.S. economy and vice versa. You can also understand how different countries handle their own stock markets. The U.S. market is one of the most famous, but emerging markets like China or India could show promise. You'll also understand how U.S. stock prices are affected by both local and world events.
Famous Stock Traders
Some successful investors and professional traders who've made a career with stock market trading include Warren Buffett, Peter Lynch, George Soros, Jim Rogers, and Nick Leeson. If you've been interested in the stock exchange, or best stocks for new investors to invest in, study these individuals closely. Analyzing their different stocks that became profitable, what these individuals set aside for retirement accounts, and the amount of money they've made through their trading strategies can be beneficial. Running a technical analysis on their individual stocks over the years can detect successful patterns too. Whether it was using specific trading platforms, swing trading, investing in penny stocks, short-term trading, using index funds, day trading, online stocks, or something else, you can learn from these successful investors!
Start Your Path to Financial Independence
Trading stocks, analyzing investments, and following the financial markets are a part of an overall healthy financial strategy. You may not notice gains every day, but investing over the long term is a long-respected way to ensure financial stability in the future. Even if you want only to understand your financial advisor in meetings or build knowledge of new offerings like bitcoin, your knowledge can help in the long term. Use stocks as a part of a well-rounded financial portfolio and build a life for you and generations after.