How do people make money from the stock market?

Business & Finance
Price: $5 USD

Question description

Can someone give me a good explanation of how people make their entire living off the stock market or even do it as a side business. Also please give a brief description of the stock market actually works (I have read a few websites about it).

I understand the concept of buying and selling stock but if a certain stock that cost $50.00 goes up like a $1 and you have about 50 of those stocks how do you make a profit. Because it seems like a large investment for a few dollars.

I know that stocks are supposed to be a long terma dn risky investment but rarely does a stock go up a few dollars.

Also, do you have to buy stocks through a broker and doesn't that just add to costs, and reduce your profit.

Thank you for anyone who answers thoughtfully.

Studypool has helped 1,244,100 students
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1819 tutors are online

Related Business & Finance questions

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors