Most Investors Misunderstand the Stock Market. Here's the One Sector I'm Buying Now.
Wall Street is part weighing machine and part voting machine, which opens up opportunities for patient, long-term investors.
Overview
I've been investing since I was a teenager, thanks to my dad. At first, I saw the stock market as a way to "get rich quick." Over time, I realized that building wealth wasn't as simple as I thought, which dramatically changed the way I invest. And it all boils down to the real point of the stock market: a public forum where companies raise capital.
Essentially, the stock market allows investors to buy small pieces of a business. But too many people see those pieces as little more than a symbol on a brokerage statement, which is the opportunity for long-term investors. And why I'm buying consumer staples stocks like McCormick (NYSE: MKC) even as other investors sell them.
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Originally published at www.fool.com.