Let's face it, we've all heard the stories of rags to riches in the investment world. More often than not, these stories come from some sort of transaction involving a penny stock. We've all probably seen Wolf of Wall Street, but we all can't be Jordan Belfort. Most of the people who choose to go down that path will only find their bank accounts and morale … [Read more...]
What Are Penny Stocks and Are They Worth Your Time?
Penny Stocks - everybody’s heard of them, few have ever bought or sold them, and most people don’t quite know what they are. For the greenest of green investors, Penny Stocks may sound like a great way to get into investing for people without a lot of money. And while that may be (partially) true, a Penny Stock is a strange beast, composing a market fraught with peril. Even … [Read more...]
How to Buy Penny Stocks (for Beginners)
The following post was originally published on TheStreet.com.NEW YORK (TheStreet) -- It's hard to check your email without hearing about the next "hot" penny stock that's going to make you rich. But what are penny stocks, and can they really deliver on those promises? Here's my 2 cents worth on penny stocks. What Are Penny Stocks? Low-priced, small-cap stocks are known as … [Read more...]
Beginners Guide to Penny Stock
Many people are looking to figure out how to build a stock portfolio. Some of the best stocks are $100 or more per stock, which means that it can be very expensive to get started within the stock market. Many people don’t have $10,000 or more to get started and even when they do, the $100 stocks rarely move considerably, keeping profits low.Pennystock trading has grown in … [Read more...]
