12-12-2021, 10:51 AM
(This post was last modified: 12-12-2021, 10:54 AM by cemanuel.
Edit Reason: mellow the message
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(12-12-2021, 09:11 AM)fenders53 Wrote: When you figure out penny stocks launch a course on YouTube and make some real money. I will take a pass on trying to out con the con man.
Never said I'd figured them out. I do think I can make money on them. No harder than technical trading, easier in some ways. May do some of that too. But those discussions are for a different board.
Penny stocks are no different from any other investing instrument. You have to answer the three key questions:
1) What is/are my goal(s)?
2) Is this the right sort of tool to help me reach my goal(s)?
3) Can I learn enough, spend enough time, etc., to be able to use the tool effectively?
Insert any investment class into the equation. Run-down houses, fine art, cryptocurrency, etc. Folks on this board - including myself - have chosen investing in dividend-payers; one of the, IMO, lower risk options.
PS: I like to argue and sometimes argue vigorously. Doesn't mean I'm mad or anything. It would be one boring world if we all agreed with each other all the time.