Tuesday, September 23, 2014
Financial Thought of the Day September 23, 2014: The Function of the Stock Market
The stock market provides the individual with the ability to buy and sell shares of publicly traded companies with very little start up capital. A large number of people stands ready at any given moment to sell you their shares of a company that could make you wealthy over the long-term. Conversely a large number of individuals stand ready to buy your shares in a company providing you with the opportunity to convert your shares to cash to use as you see fit--hopefully to retire or fund a child's education. The stock market serves as the best bet for the average individual to accumulate wealth.