>>1028385 Not entirely true. Companies issue public equity to raise money for projects. It does serve a purpose, but to the average joe who just uses it to bet on a company doing better or worse, you're basically right.
The stock buyers are literally giving their money to a company. The company is saying, "let us borrow this money and spend it on stuff we need to grow the company and be more successful, in the mean time you can ask for your money back at any time, AND if we do become more successful, we'll give you your original money back, plus some more"
>>1028519 No. The company never gives you your money back unless they're doing a stock buyback program. The money you "make" is either dividends or someone else buying the stock from you when you sell it.
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