| What are Stock Brokers? I've never understood their job...? |
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What are Stock Brokers? I've never understood their job...?
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Underground
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Stock brokers sell shares, or equity of a corporation, to clients. They typically have relationships with their clients, & r counted on for their recommendations of what stocks to buy or sell.
Stocks can be very volatile (which means that the price moves up & down frequently), so knowing what to buy or sell requires significant research to do well.
Stock brokers make money off commissions for each sale of shares to a client.
That is a basic explanation, but hope it helps.
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