#2 - Stocks: What are stocks, how do they work and the pros vs cons of ownership

The Fiscal Physical Podcast

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Ever wondered how owning a sliver of a big-name company could impact your wallet? Get ready to unravel the mysteries of the stock market with me, Ryan Nelson, your guide to investing with confidence. We kick things off by breaking down what stocks really mean for your finances. Imagine holding a piece of Apple or Google in your portfolio and understanding the full spectrum of risks and rewards that come with it. From appreciating your investment's value to cashing in on those dividends, we cover all the bases. Plus, we simplify the maze of stock exchanges and brokers, making it all digestible for you, the soon-to-be savvy investor.
But it's not just about the nuts and bolts; we're flinging open the doors to the unpredictable world of market fortune, sharing not just my own serendipitous foray into Facebook stocks but also bringing in a guest with a rollercoaster tale of their own. Picture this: diving into the market with the Robinhood app during the chaos of March 2020 and riding the whipsaw of wins and losses. Through these candid stories, we spotlight the critical need for a long-term investment lens and why getting caught up in the daily market squalls can capsize even the sturdiest of financial ships. Tune in, take note, and let's sail together into calmer, more prosperous waters.

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Chapters

1. Understanding Stocks (00:00:01)