Buy buy buy, sell sell sell – the stock exchange can get pretty confusing if you’re not a Wall Street or DOW JONES regular! However, stocks and shares have made fortunes for shrewd investors and businesspeople all over the world. It’s now easier than ever to trade and invest, too, as more and more apps and programs emerge allowing everyday people to get involved.
However, stocks and shares come with incredible risks attached – meaning that you should always be really careful when trading any kind of money in the exchange. Here are a few interesting facts about stocks and shares to consider, before you start putting any money into the markets.
Not all stocks and shares are socially responsible – in fact, believe it or not, there is a trading scene which allows you to invest in Somalian pirates who intend to carry out mass hijacks. Probably a good idea to leave those well alone, we would have thought!
Spare a thought for Ronald Wayne, who was one of the main founders of Apple – long before the age of iPods and iPhones, Wayne got out of the game, selling his share – worth 10% – in 1976. Now, he’d be worth $35 billion. How much did he sell his stake for? $800. Hindsight is a wonderful thing…
Believe it or not, around one in ten US homes are trading in international equity. This means that more and more of us are actively investing in the markets – and this is partly thanks to the recession kicking into action in 2008.
Which industry really rules the roost on the USstock market? As you might imagine, it’s technology. As of 2019, it was clear that this sector holds a staggering 19% share of the markets. Communications aren’t far behind at 14% – meaning that smartphones and the internet really are leading the way in this regard.
Domino’s Pizza, believe it or not, has a firm presence on the stock market. In fact, until around 2009, their value was starting to stagnate. However, they were able to turn things around to 233% growth in twelve months of hitting a record low. How? They changed the way they make their pizzas!
Sega is fondly remembered as one of the big players in the videogaming boom of the 90s. They are still running to this day, however, and that’s largely thanks to the late company president Isao Okawa, who – just before he died – invested almost $700 million of his own money making sure the company wouldn’t go bust.
Instead of giving his housekeeper money as a Christmas bonus, animation legend Walt Disney would offer her stocks – and this ended up leading her to becoming a millionaire in her own right.
It costs an awful lot of money to have any kind of seat on the NYSE, the New York Stock Exchange. Founded in 1792, the most money any company has ever paid for an NYE seat was short of $2.7 million.
50 Cent, despite his name, made a pretty penny – nearly $9 million – after encouraging his social media followers to invest in a stock that was failing fast.
Apple actually has Microsoft to thank for its enormous success not only on the stock market, but in terms of general wealth. In 1997, Gates’ firm purchased millions of shares to keep them in competition.
There is something in the world of trading and stocks known as the September Effect. Bizarrely, it seems that there are declines in the markets each September, and these have been happening internationally since 1950. While the September Effect is less prevalent nowadays than in previous decades, it is still a fascinating phenomenon!
It was only due to a shortage of male employees due to conscription during World War II that women started emerging as key players on the NYSE. This occurred around 1943. However, women found themselves banned once again from the exchange from 1947 until 1965, when Muriel Siebert bought her way into the exchange, changing the way that women were perceived through the NYSE forever. In fact, Siebert had her own named room at the exchange!
Do you have any interesting or fun facts about stocks and shares that we’ve missed? Share them here in the comments section below!