![]() ![]() At the same time, though, the benefits of such cheap trades keep enticing investors, generation after generation. However you want to parse the concept, the overriding reality is that stocks to buy under $5 usually facilitates a quick trip to the poor house. ![]() But if you want drill into the granularity, you can refer to the Code of Federal Regulations which provides the official definition. Is it because President Abraham Lincoln is both on the bill and the penny? I don’t know. Generally speaking, investment professionals define penny stocks as equity units that trade hands at $5 or less. I say “may” because once you venture into stocks to buy under $5, you’re taking serious risks. ![]() If you’re at a stage where you’ve listened to all the objections - mainly that you can lose everything you put into a trade and in some cases, even more - yet you’re ready to take the plunge, then this article may be for you. Still, arguably everyone has that tiny voice in their head thinking, what if? For some of us, that voice gets louder until it’s no longer tolerable. And this objection - along with many, many others - is more than justified. That is, you typically don’t want to chase trading narratives that are long in the tooth. In the age of meme trades and wild bets in speculative markets, the idea of jumping on board cheap stocks to buy might seem risky from all angles, particularly from the time perspective. ![]()
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