Hey so I'm very new to stocks, I understand some of the more basic stuff but not everything I was wondering of you guys knew of any good places to get information on stuff aswell I have a few questions I'd like to ask here.
So for starters I live in canada and I'm really only trading to beat inflation it's a big problem we are having here in canada. Ofcourse I'd love to make a few million but it's probably not going to happy haha. I do a small bit of crypto stuff aswell
So my first question would be if I was to invest in a company like coca cola would I theoretically still make money. I don't expect them to jump up and double my money but with them being one of the most recognized and wide spread brands wouldn't they just kinda stagnate?
I'm using wealth simple and I see they crypto stuff and am interested. But I'll see coins like shib inu that are worth .00003… are those even worth it?
And how des the yield work, I've been told its essentially an incentive for me to buy a stock because they basically pay me back to buy it but I don't understand how that works.
Also im only starting with investing Luke 50-100 a pay checks because that's money I'm totally willing to lose and isint going to my wallet too bad if I lose it so I'm not concerned about thousand dollar trades and what not.
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