In this episode of Money Made Simple brought to you by Simplicity, we attempt to demystify and "dejargonise" the behemoth known as the Stock Exchange! And 'cos we're not actually share market aficionados, this week we've wrangled in a special guest who actually is. We welcome Colin Magee, founder of Catalist, to the show to explain to us what we mean when we throw the terms "share", "stock", or "equities" around. He also patiently explains to us how real-life stock exchanges work (it's not actually rocket science, as you'll hear!). 

This week's episode covers:

• Breaking down the jargon that surrounds the stock market - what stuff like stocks, shares, equity and dividends are 
• How the concept of a Stock Exchange came about, from ship-trading in the 1300s to coffee shops in the UK in the 1600s, to Wall Street and the NZX today
• The role of Sharesies, Jardin and the banks in allowing everyday people access to dabble in share trading
• "Going public": What's involved for a company to list on the share market (and why would they bother?)
• Who's got the biggest Stock Exchange of them all... comparing the NYSE, the NASDAQ, NZX and ASX. Does size really matter?
• How and why Stock Exchanges allow the economy to thrive 
• Why Colin created Catalist, an alternative Stock Exchange for smaller businesses

After you've finished listening to this episode, we reckon the Stock Exchange won't ever seem like such a big, hairy, scary beast again (if it ever was)! You'll hopefully understand and feel confident in dabbling in the stock market, whether that be through individual shares or investing in managed funds. Knowledge is power - the share market isn't just for Wall Street Wunderkinds!

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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.