The stock market can go up as well as 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 more than shares of 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 share 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 an annual general meeting.
What counts here, though, is always the size of the dividend yield. As a rule, companies such as those in the German DAX pay out a dividend of 2-3%.

But 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.
That doesn't mean the share price actually rises, though; only once others follow suit can you speak of a rising price.

Basically, there are many tools and strategies that show you whether getting in makes sense or whether you'd better 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 virtual brokerage account and start gaining trading experience without losing any money.
Because one thing you should always keep in mind: you only make profits if you're really sure of your thing and are an expert at it.

Getting rich with stocks: does it really work?

Many have proven that getting rich with stocks really works, such as multimillionaire Warren Buffett, who has also lost a lot of money. But looking at his entire investing career, he was overwhelmingly successful.
Former top fund manager Susan Levermann also earned millions with stocks and even received an award in 2008 for Germany's best stock fund, and let's not forget the successful stock trader Beate Sander, who revealed in FOCUS-MONEY, among other places, how she cracked the million mark on the stock market.

Getting rich with stocks

5 practical tips for real stock market success

To finish, we've put together 5 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 keep an eye on the numbers
  • Follow trends
  • Invest in different stocks
  • Don't rely solely on other people's recommendations

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