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Why are stocks a necessity?

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Anonymous

14y ago
Updated: 8/19/2019

Stocks are shares of a company people buy. Their dollars help the company to grow. If the company grows, they get money back on their stock investment, while retaining the initial value of the stock. They can take this money as a dividend, or use it to buy more stocks - and hence (hopefully) earn even more money. A person who invested $1,000 in Microsoft in 1983, and left the investment alone, would have been a millionaire in 1998, though that is an extreme example.

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Wiki User

14y ago

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