I'm a member of sharebuilder but they don't really do penny stocks. Anyone know of a place where you don't need to pay out of the butt for membership or have a minimum purchase of $10 or more?
I don't have much money but would like to put a little in some of these.
2007-01-04 04:08:30 · 3 answers · asked by biggestperlnerd 3 in Business & Finance ➔ Investing
I got into penny stock by searching companies. Then I contacted a broker and bought. I made a killing !! I only recently got rid of the high priced broker and now only deal with my online discount account.
Search for companies that are under a dollar here on the web, ask around, then start an online broker account with a broker such as : "scott trade" and buy !
Watch the show "MAD MONEY" and watch his ticker tape at the bottom of the page with pen and paper in hand. Write down all, If any, of the companies that are under a dollar. Anything under $5 can be very good too if you are looking for large amount of stocks for your bucks.
Good luck !!
: )
2007-01-04 05:38:33 · answer #1 · answered by Kitty 6 · 0⤊ 2⤋
in case you do not understand something about making an investment, then the merely good component you want to do is purchase penny stocks. Penny stocks are for gamblers and fools. in case you want to make investments and make money over the lengthy time period, a thanks to verify a stability sheet and an earnings truth. study about what P/E potential and how earnings impact percentage fee. till you already know the basics, you should keep you money on the sidelines or in an Index monitoring ETF.
2016-12-01 19:53:15 · answer #2 · answered by Anonymous · 0⤊ 0⤋
first, just be sure you want to throw your money away on penny stocks, there is probably a reason sharebuilder wont help with them much, and there is a reason they are just a few cents, because its too risky for most people to invest in
2007-01-04 04:41:23 · answer #3 · answered by swenjj 4 · 1⤊ 0⤋