Many new investors are lured to the appeal of a penny stock due to the low price and potential for rapid growth which may be as high as several hundred percent in a few days. Similarly, severe loss can occur and many penny stocks lose all of their value in the long term. Accordingly, the SEC warns that penny stocks are high risk investments and new investors should be aware of the risks involved but you can even make very big money. These risks include limited liquidity, lack of financial reporting, and fraud. A penny stock is a common stock that trades for less than $5 a share. While penny stocks generally are quoted over-the-counter, such as on the OTC Bulletin Board or in the Pink Sheets, they may also trade on securities exchanges, including foreign securities exchanges. In addition, penny stocks include the securities of certain private companies with no active trading market. Although a penny stock is said to be "thinly traded," share volumes traded daily can be in the hundreds of millions for a sub-penny stock. Legitimate information on penny stock companies can be difficult to find and a stock can be easily manipulated.
If you're a beginner, Investopedia is good. Otherwise, I have two suggestions. The first is to wait. You'll learn a lot from your finance classes. Probably more than you'll learn from most other places. The second is to read Berkshire Hathaway Letters to Shareholders. It is a lot - it contains every letter Berkshire has sent to its shareholders since 1965. But there is so much investor wisdom in there. To be honest, I think it's the only investing book you'd ever need to read. You read it like a textbook, just looking for information that you think is important. But there is so much to learn about investing from it. I highly recommend it.
Most likely you will trade your money away if you do stocks, all you need is a life cycle mutual fund, and max out whatever retirement fund your employer has for you. and dont try to live outside your means. Take care of your health so you won't have to give all you money to a doctor, marry well.
As for your degree, I'm sorry to tell you that you need 3-5 years experience to get a job in finance like your thinking about,, bet the college forgot to tell you about that. Healthcare is where jobs are for new grads.
Start by going to Investopedia, and to Bulkowski's chart pattern website. Learn as much as you can.
The best and safest start to make is to invest in blue chip stocks with good yearly increase. Even if you fail and have a loss, don't close the position; hold it until it gains. Blue chip stocks eventually return to a profit.
You cant beat investing in Samsung right now.
There is no need to worry for you if you are looking for financial planner or specialist who will provide you complete financial advice and assistance.
I am a 20 year old college student, now a junior, majoring in accounting and finance, but i have not had the chance to take any classes regarding investing. I have been interested in the stock market since i was young but have never had the money to really invest. Now i have saved up some capital and have an interest in investing what i have saved. If anybody can provide me with information on how to determine what stocks to invest in and figure out what is worth the investment. I am not asking for specific stocks to invest in I am asking for information, tips, or links that will allow me to choose my own stocks and to learn whether a stock is worth it and has potential on giving me a good return. I know the market is risky and there are no guarantees , but if any investors can provide me with some tips on what they do when picking a stock to invest in I would greatly appreciate it. I will be using TD Ameritrade for my investments. Again any tips, links, or information will be helpful.
Thank you in advance!!
