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Rise of the Tech Stocks Over the past few years many millionaires have been created due to the economical explosion of the stock market The market isnt just growing as it did in the mid to late seventies but it is on steroids and is growing like never before Backed by the relentless yet sometimes spasmodic growth of the NASDAQ Composite Wall Streets impact on the future cannot be denied For as long as the market has been in existence drastic changes such as these have never taken place What awesome power could have produced so much money in so little time What colossal force could have caused the United States economy to flourish The answer lies in one simple recently coined phrase the tech stock The stock market has been around since people traded silver for ownership of cargo 200 years ago yet many people dont know how it works or where their money goes when they purchase a stock they simply think buy low sell high Although this is a good basic investment plan it is imperative that one knows where his money is headed when he buys a thousand dollars worth of a specific stock When one purchases a stock they are actually purchasing part of a company Brian 1 The reason one would do this is because he wants part of the profits of the company If one purchases 1 of a company he will receive 1 of the income to put it in a simplified manner The money the company gains from selling their stock is placed back into the company This way the company can grow and produce more profits for the stockholders The companys value is represented by the stock price on the stock exchange Brian 2 Over time a method of judging a stocks performance called the profit to earning ratio was created
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