3 Reasons to Buy and Sell Penny Stocks
How many times have you kicked yourself for not investing in some of today's leading stocks back when they were actually affordable?
The majority of Americans find it nearly impossible to buy stock in their favorite companies because they're simply too expensive. For instance, Google is now available for $780 per share and Apple at $422 per share.
And then there is the fear that many of the leading stocks are inflated and poised to fall. Paul Sommerville, financial advisor and contributor to the Independent , warns "the next few years will be characterized by gut-wrenching sell-offs."
This leaves small investors looking for fresh investments that have the power to reap major rewards in the near future. And that's where penny stocks come in — offering you the opportunity to get in on the ground floor.
How It Works
There are a number of reasons to consider purchasing penny stocks, but here are the three most compelling:
1. Small Investment for Many Shares
This gives you the opportunity to purchase stakes in several companies at a time (with potential for major gains), rather than investing in one or two overpriced NYSE stocks that may earn you a couple dollars here and there.
2. Huge Returns in a Short Amount of Time
3. Easy to Buy and Sell
A Powerful Trick of the Trade
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