Should You Invest In Penny Stocks?

I’m sure you’ve heard the term “Penny Stocks” before, but the question is, should you be trading penny stocks?

In this article, I’ll show you the pros and cons of trading penny stocks. This way, you can decide whether penny stock trading is for you, whether you can make money with penny stocks, and also, is it worth your time?

So let’s get started.

The Pros Of Trading Penny Stocks

Now, it’s very easy to find the pros of trading penny stocks because there are a lot of ‘Penny Stock Gurus’ constantly shining a spotlight on the few benefits they have.

1. You Can Start With As little as $1,000

One of the things that make penny stocks so popular is the fact is that you can start with very little capital. I would say at a minimum you could start with as little as $1,000.

Penny stocks by default are stocks that are worth less than $1. So most penny stocks are trading between $0.10 and $1.

So $1,000 would buy you 1,000 shares of stock, or if it is trading at $0.10 it is buying you 10,000 shares!

That’s quite a lot, right?

So $1,000 would buy you 1,000 shares of stock, or if it is trading at $0.10 it is buying you 10,000 shares!

That’s quite a lot, right?

2. “Penny stocks can only go up”