Is it possible to make money investing into penny stocks?
Can You Make Money With Penny stocks?
Liuv Suarez Asked: “Talk about Penny Stocks and if it’s truly possible to make money investing in them”
These videos are for educational purposes only
For those who don’t know a penny stock is basically a company/stock that is trading under
Typically most people looking at penny stock are looking to day trade or swing trade them.
It will be pretty hard to make a substantial amount of money trading the penny stocks.
You playing against these stack investing firms, trading computers, and penny stock guru’s.. IT will be hard to win.. At trading.
However, Investing is a different story…
Investing is holding a stock for over a year or longer.
I believe buying penny stocks can yield a higher return then a S&P 500 index fund.
But This comes with a lot more work and a more volatile or risky accounts and holdings.
You will need to do your research on the companies you are looking. I.e read the 10-k’s
Act like you are buying the whole business.
Expect the huge swings that come with penny stocks.
And never buy one just on news… or at a premium.
I have a few penny stocks I am up over 100% last year. I also have a few I am down over 100%…
I think it really come down to picking good stocks that are selling a cheap price.
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