Investing in penny stock good Idea or bad idea ?
Question by Johnny: Investing in penny stock good Idea or bad idea ?
Hello, everyone, I appreciate your answers and your support. Thank you so much, now I?m 16 years old about to become 17 years old, I have 2 Jobs, and I can?t even keep a dollar In my pocket. Now, if I invest in penny stock, how much do I have to put down for an investment ? if i do gain money will i be able to withdraw it out ? I wanna invest I?n penny stock and I just need a direction to go to. Thank you for your support
Best answer:
Answer by Douglas L
Investing in penny stock good Idea or bad idea ?
Penny stocks are a form of gambling, not an investment.
Learn to control your spending. Without that you will be poor no matter how much you make.
Save some money and invest in REAL, dividend paying, high quality stocks.
Know better? Leave your own answer in the comments!
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