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I would like to buy penny stocks, but which platfrom? please help
Comments
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EdGasketTheSecond wrote: »Taylor Wimpey was a penny stock during the credit crunch and you could buy for 4p. Now it's 200p!
But in general penny stocks should be on the periphery of one's investments and not the core.
Yes, it's exactly the problem of picking the right one isn't it and keeping it? I bought a bunch of Dominos Pizza shares years ago. Then sold before they shot up a year later! What a faff!If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.0 -
EdGasketTheSecond wrote: »Taylor Wimpey was a penny stock during the credit crunch and you could buy for 4p. Now it's 200p!
But in general penny stocks should be on the periphery of one's investments and not the core.
Hindsight is always 20/20. Knowing which penny stock is going to jump in price and when ot will happen is the trick. Penny stocks are worse than a casino, because at least the casino is honest about it being gambling.........“So we beat on, boats against the current, borne back ceaselessly into the past.”0 -
Good example of the effect politics (in this case Government interventions in the housing market) has on investments.EdGasketTheSecond wrote: »Taylor Wimpey was a penny stock during the credit crunch and you could buy for 4p. Now it's 200p!
And why fund managers hire (ex) politicians.
But without their inside knowlege the odds are against you.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0
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