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What is a Good $1 -$2 stock ?
I'm trying to get into investing but cheap investing, can you help me on a good cheap stock that could work?
7 Answers
- Common SenseLv 71 decade agoFavorite Answer
The very last place a "newbie" should be is penny stocks (anything under $5). What you're doing will hurt you!
The key to investing in penny stocks is tight money management. This is is a skill that takes years to develop. You'd need 5 years at least of trading experiance.
So..... here's some stocks that I'll make money at & you'll lose money on;
RHD
RDN
SWIM
AMD
SHFL
- 5 years ago
Penny stocks don’t cost much money and promise big profits. But trading penny stocks is also a good way to lose money.
Sure, it’s possible to profit when you understand the game. Learn here https://tr.im/pennystocktrading
For investors who can’t afford shares of Google or Apple, the potential gains from trades like this are too good to pass up. So penny-stock trading thrives. With a relatively small investment you can make a nice return if the trade works out.
- 1 decade ago
I suggest you had better consult with experts on special sites. Take me as example, I met a so-called expert on cougar dating site, SugarmommaCupid.com. the guy persusde me to invest into good stocks, but after i consult with experts, i refused him.
- Anonymous1 decade ago
i bought some gss today