I want to create a web application as a practice for my skills in front-end web development, data scraping, cleaning, visualization, and back-end database management.
But, I know nothing about stock!!
So, in this blog, I am just gonna get myself familiar with some of the terminologies. If anyone happens to read this blog, and find any errors please let me know with a comment, thank you very much.
Refer to the U.S Securities and Exchange Commission (SEC)'s official website to details: click me
What is a stock?
Stocks are a type of investment product that represent ownership in a company and a claim on a portion of the company's assets and earnings. They also are called 'equities'
Why do people stocks?
Also according to SEC, for the following reasons:
- Capital appreciation, which occurs when a stock rises in price
- Dividend payments, which come when the company distributes some of its earnings to stockholders
- Ability to vote shares and influence the company
Why do companies issue stock?
Company needs money!
How to buy and sell stocks?
There are various ways available:
- A direct stock plan
- A dividend reinvestment plan
- A discount or full-service broker
- A stock fund
What stock to buy?
This will be the key purpose of this study, I don't have a broker who does research and give me investment advice, hence, I wonder if I can do some research myself and then make purchase.
📝 Note, do not expect to much from stock market, the sole purpose of doing this is to practice building an web application while learning a little bit more about stocks~
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