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What a share of stock legally entitles you to, how ETFs and mutual funds pool money, and the practical differences between index and active management.
Sections
Read it or listen to it, then clear the section test. Sections open one at a time.
Section 1
A share of common stock is a unit of ownership in a corporation. Owning shares makes you a part owner of the company's assets and future profits, proportional to how many shares yo… Join free to read, listen, and test.
Section 2
A dividend is a cash payment a company chooses to distribute to shareholders out of its profits, usually quarterly. Not every company pays one — many growth companies reinvest all … Join free to read, listen, and test.
Section 3
A mutual fund or exchange-traded fund pools money from many investors to buy a basket of securities, giving each investor proportional ownership of the whole basket instead of one … Join free to read, listen, and test.
Section 4
A market order buys or sells immediately at the best available current price. It executes fast but on a thinly traded security the price you get can differ meaningfully from the pr… Join free to read, listen, and test.
Course test
Members take a 5-question test at the end of this course. Score 80% or higher and a certificate of completion is issued to your account.
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