You probably know that you can make a fortune in the stock market, right?
After all, the stock market is America’s investment market of choice. A 2021 Gallup survey established that 56 percent of Americans own stock.
However, if you’re a rookie in the stock market, you might be wondering whether stocks are an ideal investment opportunity. Perhaps you feel you’re better off putting your money in other investments, such as real estate or precious metals.
Well, the stock market certainly has its fair share of downsides, but for the most part, it’s a great investment market. Continue reading to learn why you should invest in the stock market.
The purpose of making an investment is to grow your capital. The stock market is great at growing investors’ capital, sometimes offering outrageous returns on investment.
Case in point:
An investor who put $10,000 in Amazon when it launched an IPO in 1997 ($18 per share) would be having about $12 million in 2021!
We know what you’re thinking: it took more than 20 years to yield that return.
That’s a considerably long time, but here’s another case in point for your consideration:
An investor who put $10,000 in Tesla in 2010 would have a $1.8 million stake in 2020!
There are more examples of the stock market delivering astonishing returns in even shorter periods (read GameStop). So, if you’re looking for an investment market with a good record of capital growth, look no further than the stock market.
Easy to Get Started
What investment can you make with $1,000 or less?
If you can’t think of anything concrete, that’s because many good investments are capital-intensive. Not the stock market, though.
You can get started investing in stocks with as little as a few hundred bucks. All you need to do is scour the market for stocks that are cheap enough for your budget. You can even own a small fraction of an expensive stock.
If you’ve been on the fence about investing in stocks because you thought you needed thousands of dollars, it’s time to cross over and throw your hat in the ring. That being said, good capital puts you in a better position to get good returns.
Invest in Foreign Stocks
Have you ever wondered how you can invest in foreign companies? Perhaps you’re an American and wondering how to invest in Woolworths Group, one of the largest companies in Australia.
Well, it’s easy to invest in foreign stocks. Laws vary from territory to territory, but you mostly need to find a foreign stockbroker and proceed. If you’re interested in Australian stocks, for instance, this stock broker will help you.
Stocks Are a Great Investment Opportunity
Beyond the promise of great returns, there are many reasons to invest in the stock market. But to tap into this investment opportunity, you need to select the right stocks and have a great stockbroker.
Happy investing and subscribe to our blog for more insight.