Quote:
Originally Posted by Boomer
Doesn't anybody buy just plain old stocks anymore?
Boomerosaurus
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I have never purchased an individual stock, only mutual funds. I believe in investing in the broad stock market indexes, but I never considered individual stock ownership to be anything like being a part owner in a successful company.
For example, McDonald's sells millions of hamburgers every day and they make money on every one of them. So, why does their stock value go down when the overall stock market goes down?