How would I go about investing in stock?
If I wanted to invest in stock, in this case penny stocks, how would I go about doing so?
Stock best answer:
Answer by A nobody
Before you spend $ 0.01 on any investment you should read- Investing for Dummies by Eric Tyson
Penny stocks ARE NOT for newbies. Only those with trading experience should consider trading in pennies since they understand the market, the risk and the problems associated with penny stocks.
Those with securities experience will tell you that you are foolish to start in the market by using penny stocks and those that are in business will tell you not to do it.
So with experienced investors/traders telling you not to do it, and those that are professional tell you not to do it, and even the Securities & Exchange will not recommend you do it, why do you think you can make any money.
Firms are more than willing to permit existing customers trade occasionally in penny stocks but very few firms want customers to trade in them frequently. Usually experienced customers will occasionally trade in a penny stock but they know what they doing. But new customers who want to trade in only penny stocks present problems for brokerage firms. Not only are the transactions problems but the customers lack of knowledge is very difficult to deal with.
Before you enter an order for penny stock, read what the SEC has published regarding penny stocks http://www.sec.gov/investor/pubs/microca…
Stock
Second Life Stock Images 6
Image by Sasy Scarborough ♥
This is for the Second Life Stock IMages Group to be used with my
permission as a background for images either for stores to display or
photographers to add people to NOT for sale as a stand alone image
Orignal From: How would I go about investing in stock? and Second Life Stock Images 6
No comments:
Post a Comment