NINTENDO stock -34% since March 2018

[Cerebralbore101]

KLAMarine said:

SpokenTruth said:

On a private individual level, not really.  Same basic premise.  You pay money in hopes you get more money back.  You don't do any work to achieve the gains.

It used to be that you bought stock in a company to have a voice in said company.  Now it's just legalized gambling with trillions (literally) on the line.

I'll take your word for it. I just put all my money in a savings account when it comes time to 'invest'.

There are three types of stocks. Income, value, and growth. 

A growth stock is a stock that you hope will go up in price in the future. Growth stocks are the most like gambling. 

An Income stock is a stock that pays out 5% or more on a yearly basis. These stocks are stable, and legitimate investments. They also pay more than savings accounts or CODs. 

A Value stock is a stock that sells low, but should be worth more. Sort of the same as a growth stock, but in reverse. I guess. 

What matters most is that you invest in Income stocks like a sane individual. Don't bother with the other kinds of stock, unless you have some secret knowledge on the industry.