Archived Is there a subverse to learn about how stocks work and how to start using them? (whatever)
submitted ago by Peynus
Posted by: Peynus
Posting time: 4.9 years ago on
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Archived on: 2/12/2017 1:51:00 AM
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Archived Is there a subverse to learn about how stocks work and how to start using them? (whatever)
submitted ago by Peynus
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[–] RedditDead2005-2015 ago
For a novice investor, penny stocks is not the place to get started. It's an incredibly risky and volatile market where you can lose everything overnight (which rarely happens with stocks listed on the NYSE or Nasdaq). It's also incredibly difficult to do research on those companies, and scammers doing the pump-and-dump are all over the place...and it's usually the underwriters.
[–] Womb_Raider ago
I only advise it so that he gets to experience losing without actually losing a significant sum of money. He'll learn caution with stocks which I think is paramount