From the course: Planning for Retirement
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Investing basics: Stocks vs. bonds
From the course: Planning for Retirement
Investing basics: Stocks vs. bonds
- I speak with so many clients who are intimidated by investing. And although you could drive yourself insane learning every little thing about investing, and the markets, and various investment products, there's honestly just a few things you need to know to be a successful investor. For most of us, retirement is our biggest investment goal. So this is a perfect opportunity to go over the investment basics, starting with stocks and bonds. Buying individual stocks, like a share of Apple stock, means that you own a tiny bit of the company. And as the company grows, the value of your stock should grow, too. The stock market is where shares of stock are bought and sold. Stock prices go up and down all day, every day. The daily fluctuations make for really good headlines, but investing for retirement means investing over decades. So don't let the daily fluctuations bother you. It really doesn't matter whether Apple stock is up…
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