Low Priced Stocks
pen·ny stock noun North American noun: penny stock; plural noun: penny stocks
Transcription of Video:
My name is PhilipBeningoso, I'm an investment professional, and I'm going to be discussing,
how to invest in penny stocks. Now you can leave those penny stocks in your piggy bank
collecting dust, or you can take them out and invest them in penny stocks. Penny stocks
range a great deal, from fractional of a cent,all the way up to 5 dollars. Let me real quickly
go through some steps here that's going to make it more simple for you to understand
and invest in penny stocks. Step 1, is to use your computer to investigate the Internet
and research penny stocks. Many brokerage firms have a lot of information about them,
good ones, you can get great information about penny stocks. But be wary of companies that
don't put out a lot of information about their stock; 2, is to make the best decision possible
after you are sure you have all the necessary information for investing in penny stocks;
3, is to know the securities and exchange commission roles, these are extremely important,
and are required by law. The first one being is, you must be approved for the transaction,
and also must be given a written agreement to the transaction by that firm; 2, is the
firm must furnish you with the documentation describing the risk of investing in penny
stocks, because it is very risky; 3, is your broker must give you the current market quotation
for the penny stock, as well as the compensation the firm is going to receive from the commissions
of that penny stock and the trade; and 4,is, the firm must send monthly account statements
showing the market value of each one of those penny stocks. Fourth step for you is, as you
continue to learn and invest in penny stocks,you should- really should add up to no more
of 10 percent of your portfolio, since this is a risky endeavor, but there are great benefits.
Purchase something at a very, very low price,and watch that, such as Intel, started at
pennies, and went to hundred of dollars many times. The information provided here, is for
general informational purposes only, and should not be considered an individualized recommendation
or personalized investment advice. Any investments or strategies mentioned here may not be suitable
for everyone.
- a common stock valued at less than one dollar, and therefore highly speculative.
Transcription of Video:
My name is PhilipBeningoso, I'm an investment professional, and I'm going to be discussing,
how to invest in penny stocks. Now you can leave those penny stocks in your piggy bank
collecting dust, or you can take them out and invest them in penny stocks. Penny stocks
range a great deal, from fractional of a cent,all the way up to 5 dollars. Let me real quickly
go through some steps here that's going to make it more simple for you to understand
and invest in penny stocks. Step 1, is to use your computer to investigate the Internet
and research penny stocks. Many brokerage firms have a lot of information about them,
good ones, you can get great information about penny stocks. But be wary of companies that
don't put out a lot of information about their stock; 2, is to make the best decision possible
after you are sure you have all the necessary information for investing in penny stocks;
3, is to know the securities and exchange commission roles, these are extremely important,
and are required by law. The first one being is, you must be approved for the transaction,
and also must be given a written agreement to the transaction by that firm; 2, is the
firm must furnish you with the documentation describing the risk of investing in penny
stocks, because it is very risky; 3, is your broker must give you the current market quotation
for the penny stock, as well as the compensation the firm is going to receive from the commissions
of that penny stock and the trade; and 4,is, the firm must send monthly account statements
showing the market value of each one of those penny stocks. Fourth step for you is, as you
continue to learn and invest in penny stocks,you should- really should add up to no more
of 10 percent of your portfolio, since this is a risky endeavor, but there are great benefits.
Purchase something at a very, very low price,and watch that, such as Intel, started at
pennies, and went to hundred of dollars many times. The information provided here, is for
general informational purposes only, and should not be considered an individualized recommendation
or personalized investment advice. Any investments or strategies mentioned here may not be suitable
for everyone.