Georgebymn
03-19-2016,
Hi,
I'm a 34 year old single father. I would like to start investing in Penny Stocks. I have been doing some preliminary research and before you tell me the pitfalls of doing this, i already know some of them e.g. pump & dump.
I'm a Poker Player (risk taker). I understand the general risk involved with these stocks especially for a beginner like me. I'm a beginner to investing period but i still want to begin with Penny stocks.
Please be advised that i am in the beginning stages of research and learning so as to mitigate my mistakes (just started reading Penny Stocks for Dummies). I'll never be perfect but im hungry enough to try and be plus I enjoy taking smart calculated risks for the benefit of teaching others. I want to be able to send the elevator back down so to speak with the right information.
3 Questions to start:
1. How much time should i spending doing research before opening up an account
2. I can only afford to start with $500 ( that i can only afford to lose also). Is this too little an amount?
3.What other starter books do you recommend?
Thank you for your response in advance.
I'm a 34 year old single father. I would like to start investing in Penny Stocks. I have been doing some preliminary research and before you tell me the pitfalls of doing this, i already know some of them e.g. pump & dump.
I'm a Poker Player (risk taker). I understand the general risk involved with these stocks especially for a beginner like me. I'm a beginner to investing period but i still want to begin with Penny stocks.
Please be advised that i am in the beginning stages of research and learning so as to mitigate my mistakes (just started reading Penny Stocks for Dummies). I'll never be perfect but im hungry enough to try and be plus I enjoy taking smart calculated risks for the benefit of teaching others. I want to be able to send the elevator back down so to speak with the right information.
3 Questions to start:
1. How much time should i spending doing research before opening up an account
2. I can only afford to start with $500 ( that i can only afford to lose also). Is this too little an amount?
3.What other starter books do you recommend?
Thank you for your response in advance.