Tuesday, May 17, 2016

What Is a Stock, Really? (The Story of Boniface, Part 1)

Posted By: The Funky Tech Guy - 12:01:00 AM


& Comment

This is by far the best description,in laymans terms,that I have ever come across about what stock really is.

Great analogy. I wanted to share this for every aspiring investor out there. Especially good for the beginner. 

Let me tell you a story about a man named Boniface and his good friend, Mercy, and how they learned first-hand why companies issue stock and why investors love to invest in them.
Meet the Entrepreneur
Boniface owns a small shop in his village – the SmileSave Supermarket. It’s an ambitious name, and Boniface is an ambitious man. He sells maize meal, sugar, soap, batteries, and candles. He even has a small refrigerator so that he can stock ice cold bottles of cola and beer......Continue Reading

All credit to Ryan Hoover for this great read.

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