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stocks
i dont know how to work stocks and what they are all about. my dad wants to try it but dont want to start w/out having being educated about it.
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The stock market is very similar to gambling. you pick a company and buy some of its shares in the hopes that they will increase in value. the price of the share may go up and you make money or it may go down and you lose or it may do nothing.
People try to make good stock choices by researching the company and trying to pick one they think is doing real good that year but it is still a gamble since you cant tell for sure.
Thats the basics but the stockmarket is very complicated in what you can do. go to one of the stock selling websites ( i like charles ameritrade) and start reading, it will get more confusing before it becomes clear.
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