Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org
I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Hope it helps.
Your logic is 100% flawed. Penny stocks are horrible long term investments. Novice investors make the very critical mistake that a penny stock is a company that is just starting out or immature and just waiting to bust out. In fact, most penny stocks are priced so cheaply because the value and fundamentals of the underlying company is basically junk. The companies normally have very high debt, negative retained earnings, bad management, etc. Most penny stock companies will not be around for the long term as they are mostly smaller cap stocks, which have an extremely high long term failure rate. A penny stock is MUCH more likely to lose all of its value over the long term, than to make money. They can be fun to play with using small amounts of money, but NOT a very wise investment tool.
Start by investing in good companies, not junk. Give yourself a chance to learn something and succeed. Learn something first. Read a few good beginner books like Investing for Dummies and the Millionaire Next Door. Develop a trade plan and test your plan on a simulator before risking money.
If you don't have the time to research companies, buy sector etf's or whole market etf's like the SPY and DIA (Spyders and Diamonds). You can be fully invested and diversified in the stock market rather easily.
Definition of 'Sector ETF'
http://www.investopedia.com/terms/s/sect...
Building An All-ETF Portfolio
http://www.investopedia.com/articles/exc...
How To Pick The Best ETF
http://www.investopedia.com/articles/exc...
Sykes says there is a difference between stocks making a 52-week high based on an earnings breakout and stocks making a 52-week high because three newsletters picked it. Reading the disclaimers at the bottom of the email or newsletter, which the SEC requires them to do, will usually reveal a conflict of interest.
“Most newsletters don’t tell you the truth,” Sykes said. “They are being compensated to pump up the stock, and they rarely tell you when to sell. Often it’s far too late.”
->Sell quickly
One allure of penny stocks is you can make 20% or 30% in a few days. If you make that kind of return with a penny stock, sell quickly.
If you buy 600 shares of a stock worth 50 cents each, you may 'feel' like you own a lot. But you own the same as one share of stock worth 300 dollars each. If the price goes down, you still lose money. If the company goes broke, you still lose everything.
?Penny stocks are cheap for a reason. They are usually not earning money and are on the verge of bankruptcy.
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If you buy quality stocks and hold on to them for a period of time, the share prices will go up for a real reason - the companies are earning money every year and becoming more valuable. This is not gambling; you are owner of a money making business.
If you save a portion of your income each payday and as it accumulates invest in sturdy stocks, over the course of several years you can grow very wealthy indeed. It is like hiring someone to get a job and earn money for you, and then using that money to hire more workers. Your money grows exponentially.
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Affiliate marketing is the best way of making money online. Website which ask for a initial payment before geeting the job, most of them are fake! You can learn how to make money online with affiliation marketing for free here http://moneyonline.toptips.org
You will find a lot of interesting informations.
If a person has no knowldge and skills about Forex then it will be very difficult to trade in Forex. But if you use the right software you can make very good profit. The best software is called "autobinary signal". If you aren't a big expert this software is the only way to earn good money in Forex.
You were smart enough to get into college, so you SHOULD be smart enough to understand why "Penny stocks" are so cheap...
You visit your local supermarket late one Saturday evening (and they are closed on Sundays & Mondays), and they have just marked down all their fish...does that make it "a bargain"?
most penny stocks go down in the long run.
Im in college, and I work a full time job. I would like to consider myself as one of those " work hard, spend nothing, invest everything" type of people. I have dabbled in the stock market world a little bit here and there, I would not call my self a master but I understand the concept.
I have saved enough money to want to get into stocks heavily, and as I do my research online I see a bunch of scam related subscriptions, and gurus, and " buy this hot stock" type of websites, which dont seem trust worthy. I want to know what im buying and if its even worth my time.
with that said, while im still learning my ways around the stock market are there any pointers you guys have for me ? as far as reputable websites to look up, newsletters and magazines that include penny stocks to watch, subscription's that are safe and scam free,
plus any advice from you!
thanks!!
-Dom
