Listen to a Business English Dialogue About Stock purchase
Mary: Hi Alan, have you ever purchased stocks before? It’s a way to buy ownership in a company.
Alan: No, I haven’t. How does it work?
Mary: Well, you can buy stocks through a brokerage account, and when you purchase shares of a company, you become a partial owner, and your investment can grow if the company does well.
Alan: Oh, I see. Is it risky to invest in stocks?
Mary: There’s always some risk involved because stock prices can fluctuate, but over the long term, stocks have historically provided higher returns compared to other types of investments.
Alan: That makes sense. How do you decide which stocks to buy?
Mary: It depends on your investment goals and risk tolerance. Some people prefer to invest in established companies with a track record of success, while others might look for growth opportunities in newer companies.
Alan: Are there any fees associated with buying stocks?
Mary: Yes, there are typically brokerage fees or commissions charged by the brokerage firm when you buy or sell stocks.
Alan: Can anyone buy stocks, or do you need a lot of money to get started?
Mary: Anyone can buy stocks, and you don’t need a large sum of money to get started. Many brokerage firms offer low-cost or even commission-free trading options.
Alan: Thanks for explaining, Mary. Investing in stocks seems like an interesting way to potentially grow your money.
Mary: You’re welcome, Alan. It’s essential to do your research and understand the risks before investing, but it can be a rewarding way to build wealth over time.