I wrote an article for a money making ideas site some time back and wanted share it here. It was written about investing in penny stocks and what you need to know about penny stock investing. There are several misconceptions about investing in penny stocks and this article clears some some of them up. I also shared some resources there about picking the best penny stocks and how you can subscribe to newsletters that send penny stock tips on a regular basis. You can read that article on choosing the best penny stocks and let us know what you think.
I’ve recently been working with a young investor and investment writer who is putting together a great membership site on investing, retirement, and creating a smart investment portfolio yourself. He is a skeptic investor and promotes an investment strategy that focuses on not loosing your money. He doesn’t like risk. He likes to focus more on earning a good amount of money and then putting that money into investments that reduce the risk of loosing his capital. While he may not get 25% returns he has focused on a good way to get 8% to 12% consistently.
On of the best Penny Stock Alert newsletter available to non-professional investors is the Penny Stock Formula.
You Can learn more about the exclusive penny stock newsletter Here.
There are many great penny stock investing ideas but finding them can be tough. One tip I like to share is to stick with industries your are familiar with as it is easier to spot real opportunities. Trusting a financial advisor isn’t always the best way to get accurate investing tips as they are compensated, many times, to suggest certain investments. I like the approach of getting good investing ideas from someone who has made a decent return over the last three years and they actually own, or better yet recently purchased, the investment they are promoting. Makes sense, huh?
Have you invested in penny stocks over the last few years? Do you have any stories or experience you can share with us your best penny stock investing strategies? Check out Chris’s results over the past few years. Get penny stock alerts Here.
