What are Penny Stocks? Penny stocks are stocks that are traded below $5 in the market. You must have held or read stories of how some people started investing in penny stocks with just a very little amount. And within some months, they achieved more than double on their investment. This could be real as it is practicable. But I don’t want you to be carried away with these success stories. Instead, I would enjoin you to first understand the rudiments of penny stocks before you dive into it. The truth is that, if you invest blindly in penny stocks Continue ReadingPenny Stocks and How to Profit from Them
Checklist for selecting the right stock broker Are you searching for a stock broker? With the help of internet coupled with the words of mouth, it is no longer difficult to come across stock brokers nowadays. However, the problem is not in locating a stock broker. You need to choose the one that is right for you. When it comes to investment matters, you can’t afford to leave anything to chance. Of course, you can be fortunate enough that the first stock broker you meethis will be an exception. Even, if you consider him a perfect fit for you, you Continue ReadingHow to Choose a Right Stock Broker
Do you want to buy stocks? I want to buy stocks but I don’t know the right stocks to buy. Are you in this type of situation? If your answer is in the affirmative, one of the other thoughts that may be going on inside of you is how you can know the right time to enter the market to buy stocks. One of the characteristics of stock markets is the fluctuation in stock prices. Stock prices can go up today or this week and next week, the prices may go downward. For every change in stock price, if you Continue ReadingWhen is the right time to buy stocks?