What comes to mind when you hear the word "stocks"?
Bald old men at the Stock Exchange surrounding by dozens of ringing telephones and numbers zooming by on large screens?
Or...do you see yourself at a computer taking charge of your own finances and making just as much profit if not more?
"Stocks" used to be a word that intimidated me and meant that a conversation had gone completely stale if that's what the discussion came to.
But then I found out about penny stocks and how they can potentially lead to high profits after reading about TimSykes.
So, the question of the day is: what are penny stocks and what penny stock should I buy?
According to Wikipedia: Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. In the United States, the SEC defines a penny stock as one that trades below $5 per share.
As for which one you should buy, that takes a little more work and time to figure out. But once you find the right companies to purchase from, you could end up making tons from your investments!
1 comment:
Penny stocks are definitely something that I want to get into eventually.
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