Julia: Would you tell me something about stock? Mike: Sure, what do you want me to start with? Julia: Uhh, you can start with the explanation of some terms like "a bull " and "a bear ". Mike: OK. A bull is a situation in which share prices are rising. Julia: What about a bear, then? Mike: A bear is a situation in which share prices keep falling. Julia: Oh, I see. But why the prices get rising or falling? Mike: If there are more buyers, the price will rise. Otherwise, the price will be lower and lower. Julia: How can we make money in the stock market? Mike: If you believe the market will go up, you can buy in or hang on. If it turns out to be true, you can make your profit. Julia: I heard that some people can earn money out of a bear market. How do they win in such a situation? Mike: If you believe the market will fall down, you can sell out your shares and then buy back at a lower price. The price difference is your profit. Julia: It sounds easy to make money from stock investment. Mike: Not at all. When you really invest in stock market, you ll get involved into the whole world. Julia: What do you mean by that? Mike: To decide which share you ll buy in is quite hard sometimes. You have to consider the market tendency. the growth of the company and you d better know something about technical analysis. Julia: So boring it is. I d better invest in some fixed interest fields. Mike: Certainly you can. You won t suffer from the risks. But your wallet will suffer. Julia: What should I do? Mike: If you really want to invest in stock, perhaps you should find a broker.