Penny stocks can seem tempting to some investors due to their low cost and potential for quick gains, but they carry significant risks and are often manipulated due to the light regulation they see from the FCC.
It’s hard to argue that a low cost of entry and the potential for high returns aren’t tempting, but the illiquidity of penny stocks and their heightened potential for fraud tend to be warning signs for value investors.
On this episode, Phil and Danielle share their opinions and experiences related to the penny stocks side of their investing journeys.
For help in finding the right businesses to see your investments generate consistent returns, click here to get your free copy of How To Pick Stocks: The 5-Step Checklist: https://bit.ly/3ros8mU
Topics Discussed:
Resources Discussed:
Learn more about your ad choices. Visit megaphone.fm/adchoices
