The stock market can go both up and down, and where the market moves, stocks naturally move too.
But what are stocks and how can you get rich with stocks?
We explain it to you in detail below.

What are stocks?

Stocks are nothing other than shares in a company or firm. With them you automatically own a part of the company.
Getting rich with stocks can work in two different ways.

The first is receiving an annual dividend and, of course, the stock price rising.
Dividend is another word for the so-called profit distribution to the investors, or rather the shareholders, which usually takes place once a year.
The profit distribution is always proposed by the board and finally approved at a shareholders' meeting.
What counts here, however, is always the level of the dividend yield. As a rule, large companies such as those in Germany's DAX index pay a dividend of 2-3%.

You can also get rich with stocks in another way, namely through price gains.
When a company makes profits and grows, the value of the company naturally rises too.
But that doesn't mean the price actually rises; only when others follow suit can you speak of a rising price.

Basically, though, there are many tools and strategies that show you whether getting in makes sense or whether it's better to get out.
If you really want to succeed with stocks and get rich, you should definitely know the methods and techniques.
The easiest way is to set up a simulated brokerage account and start gaining trading experience without losing money.
Because you should always be aware of one thing: only when you're truly sure of your case and are an expert at this level do you also make profits.

Getting rich with stocks: does it really work?

That getting rich with stocks really works has been proven by many, such as multi-millionaire Warren Buffett, who has also lost a lot of money. But looking at the entire investment horizon, he was predominantly very successful.
Former top fund manager Susan Levermann in Germany also earned millions with stocks and even received an award in 2008 for Germany's best equity fund, and let's not forget successful investor Beate Sander, who revealed, among other things in FOCUS-MONEY, how she cracked the millions on the stock market.

5 practical tips for real stock market success

Finally, we've put together 5 more practical tips that can bring you a little closer to stock market success.

  • Only buy shares in a company you are absolutely convinced of
  • Always pay attention to the numbers
  • Follow trends
  • Invest in different stocks
  • Don't rely only on other people's recommendations

The most important thing, however, is that you become an expert, because only through real expert knowledge can you get rich with stocks.