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Penny Stock Investing Strategy

November 15th, 2009 admin Leave a comment Go to comments

penny stock investing strategy
Which of these should an investor do?

What is one of the most promising strategies for success that an investor can follow?
(Choose one)_
invest in penny stocks
invest consistently over a long period of time
concentrate on options rather than equities
look for complex investments rather than simple ones
I need an answer… not a link

Stay away from penny stocks. They are only worth a few cents for a reason. Options are very tricky and not a good idea for someone looking for advice in a forum such as this. Stick with a fixed amount each month and do it for a long time. If mutual funds are too boring, then go to a site like sharebuilder where you can dabble in individual stocks for a small set fee. Only use a small percentage of your savings like this though, maybe 25 percent max, and invest the rest in mutuals or some rock solid companies.

It is more fun to do individual stocks, but limit yourself (and your losses) until you get the feel of it and understand how things work: maybe 3 to 5 years.

Good luck.

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  1. April 17th, 2011 at 15:23 | #1

    hirQTp Superior thinking demonstrated above. Thknas!

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