FI Weekly – March 29, 2022: What is a Stock?, Cash Back Credit Cards, AA Miles Expiration
What is a Share of Stock? Brian Feroldi’s book, “Why Does the Stock Market Go Up?” releases next week and while recording our episode with him, I brought up a sentiment I’ve heard distressingly often in the FI Community: “I just don’t believe in investing in the stock market. It all seems like gambling.” My response is usually something like this: Owning a share of stock means you are a part owner of that company. A company like Ford broke ownership of their company into 4 billion little pieces, each piece represented as one share of their stock. If you