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Each month we focus on a specific financial topic to make sure our customers continue to learn about personal finance. Â This month, we’re talking about investing – especially around the stock market.
What is the stock market?
The stock market is place – usually virtual these days – where people can buy and sell shares in a variety of companies for loss or gain. Â There are two different key stock markets you may hear about a lot in the United States. Â Read about the New York Stock Exchange and the NASDAQ here.
While learning about the stock market, it’s important to understand some of the lingo. Â The terms “bear” and “bull” mean two very different and important things when referring to the stock market. Â Find out the different here.
Testing your knowledge
How much do you know about the stock market? Â Take this quiz to find out and learn more.
The quiz answers can be found here.
Be sure to stop by Young Americans Bank to get more information on investing and stock markets! Â You’re welcome to ask your questions below and we’ll answer them.