What Is the Stock Market?

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The stock market, as opposed to banking or real estate, is an area of investing in which people can participate in the growth war. Learn about the NYSE and its activities with help from a registered financial consultant in this free video on investments and personal finance.

Part of the Video Series: Beginner Investing
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Video Transcript

This is financial adviser Patrick Munro talking about what is the stock market. The stock market as opposed to other areas of investing such as banking or real estate is sort of the wild west of the world of investing and the stock market is of course located in New York City. New York City of course the NYSE which is the stock exchange and all the various indexes and the activities occur there everyday Monday through Friday from the hours of 9:30 in the morning to 4:00 in the afternoon. What you're able to do through your community is deal with a financial adviser that has access to the stock exchange because of their licenses and you can buy investments that participate in the growth war, the loss of the stock market, be whatever the case may be. And it's important to know what your risk tolerance is when you get involved in the wild west of investing called the stock market because if you're not aware of how you can lose money and you end up losing principal, that's not a good place to be. So get yourself knowledgeable in what the stock market is and you too can have a prosperous financial future. This is Patrick Munro, financial adviser talking about what is the stock market.

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