The first benefit is that stocks are liquid assets meaning that once you sell your stock it becomes cash. The second benefit is if you own enough stocks/shares in the company you gain voting shares. This means you can vote on company decisions and have an influence on future profits. The third benefit is if the economy starts to boom, meaning people are buying in abundance, then the stock market increases with the economy. The stock value will increase leading to a higher selling price which means bigger profit.
Timmy headed home to do some more research about stocks. He wanted the value to increase but didnt know how long to wait.
Yo John, It's been 6 months and I just sold my stock. Apparently stocks are liquid assets and now I made straight cash. I had to pay a small fee but the money I made doesn't compare.
Oh yea, I plan on using almost all my profits to invest in other stocks.
Dang, congrats dude. Yea some of my stocks haven't done to well, but it'll get better. Do you plan on investing in to other stocks?