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How would I buy stocks?
I actually am interested in penny stocks as I don't have much to invest.
1 Answer
- 1 decade agoFavorite Answer
First common newby mistake is to think you can only buy penny stocks or sub penny stocks because they are cheap. These are actually very risky, watch this video:
http://www.hotstockmarket.com/forums/showthread.ph...
There are a few other important videos in there, but basically, be wary of buying a stock just because it is cheap.
Watch the intro to investing video too.
As an example, if you have $500 to invest. If you buy 1 share of google at $500 and it goes to $550, you made 10% which is not a bad return compared to any interest rate in a bank.