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 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 option is receiving an annual dividend and, of course, the share price rising.
Dividend is another word for the so-called profit distribution to investors, or rather 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, though, is always the size of the dividend yield. As a rule, companies such as those in the DAX (Germany's blue-chip index) pay out 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 share price actually goes up; 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 you'd be better off getting out.
If you really want to succeed with stocks and get rich, you should definitely know the methods and techniques.
The easiest way to do this is to set up a virtual trading account and start gaining experience trading without losing any money.
Because there's one thing you should always keep in mind: only if you're really sure of what you're doing and you're an expert at that level will you also make profits.

Getting rich with stocks: does it really work?

Many have proven that getting rich with stocks really works, such as the multi-millionaire Warren Buffett, who has admittedly lost a lot of money too. But looking at his entire investing career, he was mostly very successful.
Former top fund manager Susan Levermann also earned millions with stocks and even received an award in 2008 for Germany's best equity fund, and let's not forget the successful stock market investor Beate Sander, who revealed in FOCUS-MONEY, among other places, how she cracked the millions 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 a variety of stocks
  • Don't rely only on other people's recommendations

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