Penny Stocks - New Opportunity For Prophet
The world of investing can be very intimidating.
If you are one of the millions of people who have never invested before, it can be a little daunting trying to decide where to start.
With the stock market sitting at a point where a comeback is imminent, the time to be investing is now.
A great place to begin investing is with penny stocks.
Micro-cap stocks are a good first choice because the relatively low cost of an initial investment can be offset by a fairly substantial return.
Most companies out there started as a penny stock at some point.
Even the biggest companies on the stock exchanges started out as an idea in somebody's head that was turned into a success by years of hard work.
Many people believe that penny stocks are always new companies that are up and coming and not well established.
This is not always the case.
Let's take for example, Citigroup Inc (NYSE: C), a company that everybody has heard of that right now fits the description of a penny stock, trading in the low 3 dollar range.
A couple of other interesting examples would be; Federal National Mortgage Assoc (Fannie Mae, NYSE: FNM), and Federal Home Loan Mortgage Corporation (Freddie Mac, NYSE: FRE).
Here are two government chartered mortgage corporations that are trading for around a dollar a share.
Small-cap stock fortunes can be and are made, but you have to do some homework.
You just can't dump your money into any stock and hope for the best.
There is a huge amount of research on stocks out there, but it is up to you, as the investor, to study up and choose the ones that have the best and brightest future.
A lot of the experts believe that Citigroup is one of the best investments on the board right now.
The consensus is that the market has over-reacted to their recent troubles and that the positives of the company are still far greater than the small risk you would take by investing in it.
It is amazing to think of a well known corporation like CitiGroup, and two federally backed mortgage companies, that just a few years ago were trading in the $50 range, are now considered to be smart penny stock investments!
If you are one of the millions of people who have never invested before, it can be a little daunting trying to decide where to start.
With the stock market sitting at a point where a comeback is imminent, the time to be investing is now.
A great place to begin investing is with penny stocks.
Micro-cap stocks are a good first choice because the relatively low cost of an initial investment can be offset by a fairly substantial return.
Most companies out there started as a penny stock at some point.
Even the biggest companies on the stock exchanges started out as an idea in somebody's head that was turned into a success by years of hard work.
Many people believe that penny stocks are always new companies that are up and coming and not well established.
This is not always the case.
Let's take for example, Citigroup Inc (NYSE: C), a company that everybody has heard of that right now fits the description of a penny stock, trading in the low 3 dollar range.
A couple of other interesting examples would be; Federal National Mortgage Assoc (Fannie Mae, NYSE: FNM), and Federal Home Loan Mortgage Corporation (Freddie Mac, NYSE: FRE).
Here are two government chartered mortgage corporations that are trading for around a dollar a share.
Small-cap stock fortunes can be and are made, but you have to do some homework.
You just can't dump your money into any stock and hope for the best.
There is a huge amount of research on stocks out there, but it is up to you, as the investor, to study up and choose the ones that have the best and brightest future.
A lot of the experts believe that Citigroup is one of the best investments on the board right now.
The consensus is that the market has over-reacted to their recent troubles and that the positives of the company are still far greater than the small risk you would take by investing in it.
It is amazing to think of a well known corporation like CitiGroup, and two federally backed mortgage companies, that just a few years ago were trading in the $50 range, are now considered to be smart penny stock investments!
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