A stock is a type of investment. When you purchase stock in a company, that means you are buying a small portion of that company. In other words, you own shares of the company. And as a result, you are considered a shareholder of this company.

Companies will sell shares to raise money to operate their business. This money can be used for a variety of reasons, including funding growth and expansion or paying off debt.

We’ve all heard the the spiel, “The best time to start investing is today”, “You need need to start investing when you’re young”, “Compounding is a powerful force”, or “Let your money work for you”. But what does this all mean? What is so powerful about compounding interest?

Don’t judge a book by its cover.

You can’t always measure a person’s financial success or wealth based on what they buy, wear or carry around.

Just because someone purchases all the new swaggy things - nice car, brand name clothes, jewelry, big house… doesn’t mean that they are financially sound. We all know the phrase “Instagram vs reality”. That’s a real thing here. Well, in this case, it would be “appearances vs net worth”. AKA that guy who’s always stuntin his Ferragamo belt and Gucci sandals might actually have a smaller net worth than you with your allbirds.