Let's recap what we've learned in this tutorial:

* Stock means ownership. As an owner, you have a claim on the assets and earnings of a company as well as voting rights with your shares.
* Stock is equity, bonds are debt. Bondholders are guaranteed a return on their investment and have a higher claim than shareholders. This is generally why stocks are considered riskier investments and require a higher rate of return.
* You can lose all of your investment with stocks. The flip-side of this is you can make a lot of money if you invest in the right company.
* The two main types of stock are common and preferred. It is also possible for a company to create different classes of stock.
* Stock markets are places where buyers and sellers of stock meet to trade. The NYSE and the Nasdaq are the most important exchanges in the United States.
* Stock prices change according to supply and demand. There are many factors influencing prices, the most important of which is earnings.
* There is no consensus as to why stock prices move the way they do.
* To buy stocks you can either use a brokerage or a dividend reinvestment plan (DRIP).
* Stock tables/quotes actually aren't that hard to read once you know what everything stands for!
* Bulls make money, bears make money, but pigs get slaughtered!

Banking Jobs

A banker or bank is a financial institution that acts as a payment agent for customers, and borrows and lends money. In some countries such as Germany and Japan banks are the primary owners of industrial corporations while in other countries such as the United States banks are prohibited from owning non-financial companies.

Banks act as payment agents by conducting checking or current accounts for customers, paying cheques drawn by customers on the bank, and collecting cheques deposited to customers' current accounts. Banks also enable customer payments via other payment methods such as telegraphic transfer, EFTPOS, and ATM.