What are some inexpensive stocks that have the potential to grow? It's ok if they are a bit risky because I'm not planning on spending more money than I can stand to lose and I just want to have some fun and see what happens. Thanks for your suggestions.
2007-02-05 05:38:22 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
go to www.undervaluedpennystock.com
rhwc, reliant home warrant co., hasn't reported any profits before and is expected to make 750 million dollars this year. it is only at 0.15 per share and i expect it to get to 1-2 dollars soon. i believe in this stock and currently have 100,000 shares.
2007-02-05 05:47:56 · answer #1 · answered by berelane 2 · 0⤊ 0⤋
Investing in stocks can be profitable but I would not give out advice on them especially since I know it is better to lump small amounts of money with other people to make the sum more substantial therefore reducing the risk. It is better, in my opinion to let the bank invest it for you.
Some people are very good at doing stock trading on their own so if you are lucky enough to know one or several of them, watch how they do it first. Then venture on your own.
Good luck and dont lose your shirt.
2007-02-05 13:49:33 · answer #2 · answered by QuiteNewHere 7 · 1⤊ 0⤋
must be nice to have money to throw around for some fun in the stock market. save it up, it's a safer bet than going after cheap stocks that can fold any day...
2007-02-05 13:42:30 · answer #3 · answered by Tacyella 4 · 0⤊ 0⤋