Stock Market Essay
... to go if you really want to be insured that you make money. Income stock is a very good type of stock to invest in if you are going to leave your money in that certain stock for a long period of time because it generally grows slow but it produces the wanted earnings in the long run. Also investing a lot of money in one stock that you don't know much about is not a very wise decision. You can lose thousands of dollars in just a few minutes by doing just that and all you can do is hope that the stock will go back up. Unfortunately it more than likely wont go back up as quick as it went down. There are many different types of stocks, a partial ownership of a corporation. The two main types of stock are common and preferred stocks. Common stock is the basic stock that with the increase or decrease of the corporation you will either gain or lose money, you also have a say in what goes on. Preferred stock is stock that guarantees you money, the corporation pays you before they pay anyone else but you don't have a say in the corporation, but not all corporations offer preferred stocks. There are also blue chip stocks, the more expensive stocks ...