 Inheriting $250K and looking for some financial advice? |
| I am a 21 year old male college student currently living in North Orange County. I am preparing to inherit about $250,000.00 from a family member's estate, and I am somewhat unsure of what to do ... |
|
 How much are the investment fees for a 401k?? |
| I just got the paperwork to enroll in the company's 401k plan. They provide two options: self-investing or via their investment firm in Philadelphia (for a fee). This is all new to me, so which ... |
|
 Best investments? |
| im am 16 years old and just starting off in the stock market. I have $7000 to put in, i know how the market works but what is the best business to invest in? i am on a 10 year plan until i can take ... |
|
 I will be leaving my curent job and have $100K in my 401K to rollover to an IRA. What should I invest in? |
| I am in my mid-30's and won't need the money for a while. I already have 85K in an IRA. I was thinking ETFs like SPY or QQQQ, but didn't know if other alternatives would be better. I... |
|
 I am looking into investing $100,000. I will potentially be charged 1.25% quarterly on the portfolio so what i |
is the actual quarterly rate?
Thanks for your help.
Additional Details
Oh I am going to make sure on that before I give any money of course. The thing is that if it is 1.25/4 ... |
|
 What stocks do you like? |
Give examples of all-
-Short-Term
-Mid-Term
-Long-Term
Also, Growth and Value Stocks.
No pennies either.
Additional Details
I meant give ... |
|
 Does anyon ehave any get rich quick ideas? I have a couple of thousand to invest in? |
located in georgia
I dont mind internet buisness
i just want something that realy ... |
|
 What exactly makes shares and stocks rise and fall? |
| What exactly determines, for example, the percentage point drops and rises? Who or what gives those numbers?... |
|
 Which online saving is the best? |
| My wife and i are saving for a house, but the money is currently in a regular bank savings account and all we get is about $32 in three months. This is ridiculous. We want to save the money in the ... |
|
 How do u think we should start abt investing in shares for the 1st time? |
| ummmm.......to start with i really dont knw nethin abt shares so wat is ur suggestion to start abt it!!! i aint earnin but i hv got some finance!!... |
|
|  |
yoiser2005 | How can i make money on penny stock? |
http://www.pennystocktrader.net this page is good somebody can tell me after check |
 |
 
Net Advisor
 |
I can virtually make a blanket statement that you are more likely to lose investing in penny stocks.
--19 years of trading experience, avoid penny stocks.
"A penny stock is a common stock that trades for less than $5 a share and are traded over the counter (OTC) through quotation services such as the OTCBB or the Pink Sheets. Although a penny stock is said to be "thinly traded," share volumes traded daily can be in the hundreds of millions for a sub-penny stock. Legitimate information on penny stock companies can be difficult to find and a stock can be easily manipulated."
http://en.wikipedia.org/wiki/Penny_stock
PS be careful about penny stock hype.
Also:
If you do this, watch the volume of these stocks. They are thinly traded. It is easy to buy them, but good luck if you want to sell at your price. The bid-ask spread might be so wide you could drive a Mack Truck through it, e.g. 100% or more. That means if someone buys at the ask, the market maker doubled his money or better. But if you want to sell (bid) to the market maker, you're subject to his price and he knows his book, who bought what and when. So unless another "sucker" comes in and buys at his price, he won't raise the bid.
I looked up "BOOMj" as one (now removed) poster discussed this.
According to Yahoo finance, "Boomj" has NO cash, NO assets of any kind, and they are losing money. How someone can think they have a $700 million dollar business I don't know. As comedian Roger Dangerfield once said, 'maybe a company like that exists in Fantasyland.'
http://finance.yahoo.com/q/bs?s=BOMJ.OB&annual
Most of these penny stock companies rely on hype, spam posts, spam emails and spam faxes to get someone to buy the stock cause not a single respectable Wall Street firm ever invests in these mostly shell companies. Why? Because they know most of these companies are worthless. If they really had a hot idea, money would be pouring all over them. That should tell you something?
Good Luck! |
|
Doctor Deth
|
it's much easier to LOSE money in any stock priced less than $5 per share - stocks that low are considered unstable - could possibly even be fraudulent - see the movie "Boiler Room" |
|
A nobody
 |
The site and others like it provide information about securities that you could trade, but they are long shots
When you invest/trade in penny stock you should never put up more than you can afford to loose and you should assume you will loose it all.
Unlike regular securities, penny stocks usually do not let you use risk cutting procedures (options and/or stop orders) since most are not traded in a highly regulated market place.
When you buy securities you have a 50%-50% chance of making money, when you buy penny stocks you have a 50-50-90% chance, 50-50 chance of making money and a 90% chance of loosing money. When buying penny stocks, like any other security investment, you never invest 100% of you investing capital.
Penny stocks are fun to trade, but you should never count on them to be considered part of your primary investment objectives.
You can chat with or follow other pennystock players on stockwire.com
Good luck and if you trade pennies, you'll need it |
|
Chris T
|
Investing in penny stocks is like playing slots, its basically gambling. If you really want to invest in penny stocks picking one randomly will give you as good a chance as any.
Try investing in non-penny stocks (over $5), mutual funds, or bonds, if you actually want to make some money. |
|
william J
 |
I don't know about http://www.pennystocktrader.net but you should be very careful trading these type stocks you can be PENNYless real fast. |
|
D.Pope
|
Hey Yoiser,
The best way to invest in penny stocks is to subscribe to a good newsletter and forum.
There is a lot of junk out there, but I have found a great newsletter with consistently great picks.
It is an extremely popular newsletter.
It’s $47 one time to sign up for the newsletter, but as soon as you do they put $50 into a trading account for you.
$3 profit right off the bat :-)
You have 8 weeks to test drive the newsletter and if you don’t like it they give you a no questions asked refund.
From what I understand they hardly ever get a request for a refund though.
I know I’m not asking for a refund.
I love it.
Try it out.
I know you’ll love it too!
http://www.my-linker.com/hop/HotStockNewsletter |
|
Jimmy
|
First off you can absolutely make a killing of trading pennies!! All these people who said u can't don't know jack... Anyways just search long and hard for stocks with low floats (tradable shares) and are very cheap (ussually between .0005 and .0015)
You buy a good amount of shares (not too much though) and wait for it to bounce. When it bounces everyone will wanna buy more and more anticipating an opportunity to make money. So as soon as everybody jumps on board you slowly start selling into the hype. Because when a pennystock gets alotta hype it ussually crashes... Thats probably where these ^^ guys got burned so thats why they're telling you not to invest in pennies. So just play them smart and you can make a good income. |
|
Jack P
|
Easy buy EGLF.OB, it has the best potential due to the new infomercial coming out on the GoflChannel. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 20 minutes(s) ago
| | | |
8 | 52 minutes(s) ago
| | | |
8 | 1 hour(s) ago
| | | |
5 | 2 hour(s) ago
| | | |
8 | 6 hour(s) ago
| | | |
8 | 9 hour(s) ago
| | | |
8 | 2 day(s) ago
| | | |
8 | 5 day(s) ago
| | | |
8 | 6 day(s) ago
| | | |
8 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
