Take stock!
Today I learned that October 28th has been the best day of the entire year for stocks since 1950. This is according to an analysis crew at the Carson Group. What goes up must come down. And so I will tell you that the worst day for stocks is October 19th.
But why do we call them stocks?
Stock can mean a lot of things.
Just look at the noun version.
Here are some of the things that the word stock can describe.
Merchandise and goods.
A reserve or cache of something.
Farm animals.
Capital, funds, and assets.
Investments, shares, holdings.
Reputation and status.
Parentage and ancestry.
A trunk or stem.
Broth.
The shaft or shank of a weapon.
Those are just the nouns. Let’s not even start on the verbs and adjectives.
But wait. There’s more. Like some of these things.
Stockard Channing
Stockings
Lock, stock, and barrel
Livestock
Stock up
Chicken stock
Stock boy
Stocking cap
Stockholm
Stockade
Stockpile
Stocking Stuffer
But what about the stock market? Of course, we know.
In the stock market, a “stock” refers to a share of ownership in a company. When you buy a stock, you’re essentially buying a piece of that company. Each individual share is a tiny unit of ownership, and the total number of shares outstanding represents the entire company’s ownership.
And let me tell you this. October 28th has been the best day of the entire year for stocks since 1950. And. The worst day for stocks is October 19th. Good luck with the rest of them.
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“The stock market is a device to transfer money from the impatient to the patient.” – Warren Buffett
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“An investment in knowledge pays the best interest.” – Benjamin Franklin
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“Price is what you pay. Value is what you get.” – Benjamin Graham
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Take stock in this. Good and bad stock.
