A basic understanding of what stocks are and how they work can help you better manage your financial portfolio. With a basic perspective on what stocks mean in the business world, a savvy investor will be more prepared in today’s volatile and ever changing market.   Image via Wikipedia To begin with, a stock can be thought of as a small piece of company ownership: like owning a deed to the company that is shared with many other people.  As a part-owner in the company you have the right to vote on those who run the business, namely the board of directors.  And when the … [Read more...]