A stock or share is part ownership in a company. Suppose you start your own company. You own 100% of it. You start a company with a business partner. You own 50% of it. You buy a bunch of shares in Commonwealth Bank. You own something like 0.0001% of it, and although you probably won’t get much say about how the company is managed you are entitled to a cut of the profit!
Ok so you’ve boosted your income, created a budget and reined in your spending. You’ve created an emergency fund and now have a respectable savings which your making a regular contribution too. You’ve done your homework, listened to Warren Buffet, maybe even read the barefoot investor or Dave Ramsay’s Total