Finding Penny Stocks to Invest in Can Leverage Your Investment Portfolio
If you have survived the last few years' worth of investing and still have your nest egg intact, then you are one of the lucky ones and are probably looking for good penny stocks to invest. A lot of people who put their money in the hands of their financial advisor or just left it sitting in a 401K ended up with little more than an empty investment account.
Right now is a difficult time indeed for people who have money to invest. It seems as if the rules have all changed as to how your money should be diversified and no one can give you a straight answer as to what sectors are safe, how much cash you should hold on to, how much you should have in gold or silver, and how much in foreign funds.
But one thing that has always been true is that finding penny stocks to invest in can be dangerous but very lucrative. If you stop and think about it, many of the stocks that are bellwethers today actually started out as penny shares to invest in. Microsoft, Nike, and many other names that you know and use every day were penny shares at one time.
You should not think of a micro stock as a stock that is less than $1.00 per share. In reality, any stock that regularly trades at less than $5.00 per share is considered a penny stock. You may hear them called "small cap" or "emerging growth" stocks, but they are still penny stocks.
Many people have made a lot of money in these small stocks, but just as many (or more) have lost money and that is because there are a lot of unscrupulous people pointing out penny stocks to invest in. They buy up a stock, tout it, have others drive up the price, and then sell their shares at a profit, leaving everyone else in the dust.
But, the good news is that you can make plenty of money if you know how to find realistic penny stocks to invest in that are real companies with a real possibility of getting bigger. These stocks can enable you to double or triple your money in virtually no time at all, and if you have the foresight to hold on to them even longer, you could see enormous gains. Of course, knowing who to trust in the stocks industry is vital, so that you do not get ripped off by people trying to make a profit off of you.
Picking the right Stocks to Invest can be alot of hard work, alternately you can subscribe to a legit Penny stocks recommendations service for analysed penny stocks to invest.
Dustin
Article Source: http://EzineArticles.com/?expert=Dustin_Hoffman
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