Stocks, also known as shares or equities, represent ownership in a corporation. Investing in stocks has the potential to grow your money, as historically, they have provided higher returns compared to other investment options like cash equivalents, GICs or bonds. However, it also entails greater risks.
Potential for growth
Stocks have historically offered higher returns compared to other investment options over the long term, helping to grow your investment portfolio.
Company ownership
Owning stocks means you own a stake in the company you invest in, giving you voting rights and the opportunities to benefit from the company's growth and success.
Dividend Income
Some companies pay dividends, providing a regular income stream to investors.
Liquidity
Stocks are typically highly liquid assets, meaning they can be bought and sold easily in the market, providing flexibility to investors.
Why is moomoo the best trading platform for US and Canadian stocks?
Seize your investment opportunities in US and Canadian markets
US Stocks
Trade over 7,000 US stocks during extended hours from 4 AM to 8 PM ET.
Canadian stocks
Buy and sell all the stocks listed on the major Canadian trading platforms during extended hours from 8 AM to 5 PM ET.
An investing app enables investors to trade stocks online, on mobile, or on desktop. A good investing app typically offers research, analysis, and monitoring features to help make educated decisions and track portfolios.
To buy stocks, you must first open an account on the Moomoo app. Then, transfer money to your account. Search for the stocks you want to buy on the Moomoo app and buy them.
Yes, your money is in good hands. Moomoo Financial Canada Inc. is a member of CIPF, which protects the securities clients of its members up to $1 million in each general account.