What are stocks, exactly? It might come as a surprise that many people don’t know the answer. That’s somewhat ironic, considering that the rise of commission-free trading platforms and smartphone-based apps has made investing in stocks more accessible and affordable.
As this episode of “Your World on Money” explains, Millennials and Gen Z are increasingly participating in the stock market. Of course, investing in stocks comes with risks. That’s why it is crucial to differentiate between investing in reputable stocks and engaging in risky day-trading.
With patience and a focus on diversification, younger generations can successfully navigate the stock market and improve their financial futures.