The easiest way for the public to get partial ownership in companies is through the stock market 🛍️
By now, maybe you’ve even purchased some stocks on Bloom!
What you’re actually purchasing is called 💡common stock 💡
It’s called common stock since this is the most common and accessible type of ownership!
When you purchase common stock, you become a shareholder and have a right to vote in the company's shareholder meetings if you amass enough shares 😮
What are the benefits of owning common stock? 📈
Owning common stock gives you the potential to receive capital gains, meaning profits, and dividend income 🤑
What are the risks associated with owning common stock? 📉
Common stock is considered a risky investment since there is no guarantee of receiving dividends or capital gains.
The value of the stock can also decrease if the company's financial performance declines 🚨
This is why it’s super important to do your research!
How can you buy common stock? 💸
Well, most of the stocks on the Bloom app are common stock! 🥳
You can track these investments on your “Wallet” page or by clicking each individual stock.
Next, we’ll learn more about another type of stock on the stock market. For now, let’s test your knowledge 💪
