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To: Mike Darancette

Yes. You turn your paper dollars into paper stocks.

Then others tell you how much your paper stock is worth.


14 posted on 09/04/2014 8:20:25 AM PDT by maine yankee (I got my Governor at 'Marden's')
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To: maine yankee

It is necessary to understand what a stock is. It represents the ownership of a company, and entitles you to a share of the profits.

So if you buy a utility, for example, you are the part owner of a bunch of power plants, miles of electrical cable and poles, a fleet of trucks, and an office building or two. When customers pay their electric bills, you get a cut of the money.

Paper it is not.


22 posted on 09/04/2014 11:05:38 AM PDT by proxy_user
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