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Stocks are sometimes called “equities” because they represent a share, or a piece of equity, in a company. In other words, when you buy stock in a company, you’re actually buying a small piece of that company.
As a part owner, you’re entitled to share in any profits the company makes. These profits are distributed in the form of dividends. You also profit through “capital appreciation” – growth in the price of the company’s stock. Stocks are not a great option for short-term investors because of their potential for unexpected price swings.
West Shore Bank Investment Services offers you access to both stock mutual funds and individual stocks.
Cetera Investment Services is an independent, registered broker/dealer and registered investment adviser. Member SIPC/FINRA. Securities and insurance products provided by Cetera.
For a comprehensive review of your personal situation, always consult with a tax or legal Advisor. Neither Cetera, nor any of its representatives may give legal or tax advice. Advisory services may only be offered by Investment Advisor Representatives in connection with an appropriate Cetera Advisory Services Agreement and disclosure brochure as provided.