Frequently Asked Questions
Q: How much of my money should I designate to penny stocks?
A: No more the 10% of your portfolio in a stock at once. Please don't bet you house or rent money trying to make a fast buck.
Q: Why not just ask my financial advisor?
A: We encourage you to talk to your financial advisor before making any trades. Talk to them and see what they have to say.
Q: When do you sell?
A: Since nobody does know where the top is take profit when you see fit. Many penny stocks do double and triple but always take profit.
Q: Where do I buy penny stocks?
A: Most online brokers allow you to purchase penny stocks.
Q: What stock broker should I use?
A: There are many different brokers to choose from. When choosing a broker you should look at the platforms each one uses and what they provide for you. If you make enough trades they might provide free level 2, free news, or even lower commission fees.
Q: Why should I buy Penny Stocks?
A: Penny stocks have many advantages over many other investments, and have been growing in popularity. Many of these small undiscovered companies can provide a huge upside to the investor who is in early.
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