Buying stocks of publicly traded companies in the stock market today is one of the best ways for you to create your financial empire from scratch. That said, the vast majority of people lost a ton of money in the last bear market. Every time I think of family members who lost nearly half of [...] Read more »
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Suckers Buy Penny Stocks
It’s bad enough that the media almost always steers us wrong, the internet is just as bad with their constant push to get people to buy penny stocks. My view is that they are looking for suckers. Here’s how I think it works. Some “investors” or Wall Street types get together in a room and [...] Read more »
Posted In: Buying Stocks - Tags: best penny stocks to buy, buy penny stock, buy penny stocks, buying penny stocks, penny stocks to buy
Scottrade Blocks Buying Of Penny Stocks
I had a reader write in and ask me if it was true that Scottrade blocks buying of penny stocks. Rather than just do my research on the web, I decided to call Scottrade directly and ask them. I called the contact us number on their website and because it was after hours, I was [...] Read more »
Posted In: Stock - Tags: buy penny stock, buy penny stocks, buying penny stocks, penny stocks, scottrade
Penny Stock Prophet Review
In my never ending quest for stock market investing information about how to make money with stocks, I came across a new program called the Penny Stock Prophet by James Connelly. The program is open to the first 500 that apply and it looks like they are filling up. From the looks of it, his [...] Read more »
Buy Penny Stocks?
I think the allure of today’s stock market as far as people who buy penny stocks is that they are looking for an opportunity to make money in stocks fast and without a lot of money. While I guess anything is possible, the actual facts as laid out by Investors Business Daily show that the [...] Read more »
Buying Penny Stocks
A lot of people try to make a quick buck buying penny stocks. Occasionally I’ll even get a spam email trying to get me to buy one of these stocks. The idea is that a low priced stock can double a lot easier than a high priced stock. The likelihood though is that the low [...] Read more »
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