Hello and

welcome to Money Girls Quick and Dirty Tips for a richer life.

Today's episode is my last episode of Money Girls Quick and Dirty Tips for a Richer life.

I want to thank you all for listening and for all your enthusiasm, encouragement, emails, and comments.

They've really meant a lot to me.

I hope that you found the episodes entertaining and educational.

They'll continue to stay posted for listening,

and there will be new episodes ahead from another host for the

podcast and now on to today's topic. Doug and Boston called in with this question.

Hey man girl this is Doug and Boston I've been a long time listener and I'm trying to figure out shorting stocks. I heard a lot when

Bear Stearns crashed about people who made out big who shorted Bear Stearns just before it crashed.

I understand the basic premise that when you short a stock

and I understand the basic premise that when you short a stock you're betting

that the stock is going to go down and that's how you make money but how does it work

how do you actually short a stock?

All right that's all.

Thanks, let me go.

And thanks for that question, Doug.

You're right that when you short a stock,

you're betting that the price is going to fall.

The concept of shorting a stock is a little counterintuitive because you actually sell before you buy.

You borrow shares of a stock you don't own and then sell them.

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