Having multiple streams of income as an entrepreneur can help as one business can invest in another. One stream some business owners choose is investing in is penny stocks. According to the Securities & Exchange Commission (SEC), any stock under $5 is considered a penny stock. They are traded on the pink sheets or the OTCBB and can cost as little as $20 to get started. Trades are typically made through a stock broker, including many of the popular online brokerage sites.
Having a reliable source for penny stock information is important because investing in these types of stocks can be risky. Because companies listed on the pink sheets aren't required to file with the SEC, information on them can come from unreliable sources. Even for the companies you can find, information may be scarce as they are either too new or approaching bankruptcy.
If you want to build yourpenny stock investment portfolio
and are looking for trusted advice, PennyStocks.com offers a free weekly newsletter where you'll receive their latest stock tips to help structure your investments for the best returns. The site releases a newpenny stock pick
every two weeks and prides itself on reliability. If there are no good picks during that cycle, they won't release one and continue their research instead. Their teams of analysts and experts have been able to achieve more than 350% average gains per stock over the last few years, consistently.
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homepage. The site also has an active blog and articles to help you get familiarized with buying penny stocks.