What is the Stock Market?

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Author: Reed Floren

Article source: http://www.stockmarket245.com/. Used with author's permission.

Are you wondering what the stock market is and how you can profit from it? So are many others, here is a quick overview.

The stock market is where stocks are traded. In case you don't know some companies allow you to buy part of the company and these pieces of the company are called shares of stock.

The stock market takes place on various stock exchanges the two larges exchanges are the New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotation System (NASDAQ).

Typically stocks used to be traded at one general location called Wall Street which is in New York City in the United States, but now anyone with a computer can easily buy stocks and now computers do a lot of the work involved in keeping track of who owns what stock and how much the own.

The stock market is nothing new though, in fact in 1602 Dutch East India Company listed the first share of stock on the Amsterdam Stock Exchange.

I hope you have learned something new about the stock market and hopefully you have decided to learn more about this very popular investment method that is attributed to creating a lot of today's fortunes.