somebody that is well versed in stocks can come in here and answer a couple questions?

[Brandon M.]

like last night i was watching Jobs. steve jobs movie.. they said he has 1 millions plus shares of apple or disney, one out the 2 and its worth like 7 billions dollars or something.....his wife obviously has that now

what i want to know is

how does one cash out on all that .

lets say she no longer wanted the stock but wanted the money in actual money form , could she do that?

 

[BlvdBrawler]

like last night i was watching Jobs. steve jobs movie.. they said he has 1 millions plus shares of apple or disney, one out the 2 and its worth like 7 billions dollars or something.....his wife obviously has that now

what i want to know is

how does one cash out on all that .

lets say she no longer wanted the stock but wanted the money in actual money form , could she do that?

Sure. She would just sell the shares. Easy as pushing a couple buttons on a keyboard, although there's probably something else you have to do when it's that much money. Anyway, once the shares are sold they're the same as income so you have to pay taxes on the amount you gained, but yea, it's a liquid asset.

 

[Brandon M.]

Sure. She would just sell the shares. Easy as pushing a couple buttons on a keyboard, although there's probably something else you have to do when it's that much money. Anyway, once the shares are sold they're the same as income so you have to pay taxes on the amount you gained, but yea, it's a liquid asset.

how does the whole shyt work like that...how can 1 miilion shares be available like that.......

let me see if i get this right okay

most companies start off private with a founder and and owners.

lets use the apple example that i think i saw in the movie

its 2 founders a one investor. therefore 3 owners

.now the company goes public....those individuals are now replace by a board of directors?
who appoints members of the board of directors

and does it come to where a number like 1 millions shares are available?

 

[Remote]

how does the whole shyt work like that...how can 1 miilion shares be available like that.......

let me see if i get this right okay

most companies start off private with a founder and and owners.

lets use the apple example that i think i saw in the movie

its 2 founders a one investor. therefore 3 owners

.now the company goes public....those individuals are now replace by a board of directors?
who appoints members of the board of directors

and does it come to where a number like 1 millions shares are available?

They create shares for people to purchase.
Companies do that to generate capital to invest in the company or other ventures. The trouble that can arise from going public is that then you're responsible to shareholders and there's the possibility that you can lose control of your own company if someone manages to purchase a majority stake.

 

[Brandon M.]

They create shares for people to purchase.
Companies do that to generate capital to invest in the company or other ventures. The trouble that can arise from going public is that then you're responsible to shareholders and there's the possibility that you can lose control of your own company if someone manages to purchase a majority stake.

how does the price of a share fluctuate like that

 

[Remote]

how does the price of a share fluctuate like that

Supply and demand.

What was Apple's stock price a few years ago? Like $500 a share? They were doing so well with their phones and iPads that everyone wanted in on their profitability.

Actually, I just checked. Apple's stock is at $520 a share. Insane.

 

[Brandon M.]

Supply and demand.

What was Apple's stock price a few years ago? Like $500 a share? They were doing so well with their phones and iPads that everyone wanted in on their profitability.

Actually, I just checked. Apple's stock is at $520 a share. Insane.

so say if i had a couple thousand and i wanted to go buy 10 shares of apple , could i do that

 

[Remote]

so say if i had a couple thousand and i wanted to go buy 10 shares of apple , could i do that

Maybe. I'm not sure.

There might be a minimum block of shares that you'd have to buy.
But theoretically, yes.

 

[Brandon M.]

so the key really is to find startup companies with potential . buy low...hope they get big and sell high...is that how money is made in stocks?

 

[Brandon M.]

Maybe. I'm not sure.

There might be a minimum block of shares that you'd have to buy.
But theoretically, yes.

im talking theoretically in this whole thread just to create scenarios i would like answers to.

 

[Remote]

so the key really is to find startup companies with potential . but low...hope they get big and sell high...is that how money is made in stocks?

Yes.
But it's very difficult to know which stocks will be successful.

 

[Tunez]

My question has been answered

 

[Brandon M.]

My question has been answered

what was ur question tho???

 

[Tunez]

so the key really is to find startup companies with potential . buy low...hope they get big and sell high...is that how money is made in stocks?

that was my question

 

[Brandon M.]

@Raul so its up to the company itself to determine how many shares are available