[mage lang="" source="flickr"]make money in penny stocks[/mage]
Stocks And Money?
I wanted to know if someone could make 175,000 dollars in a year investing in penny stocks.
It does kind of depend. Of course it is possible, but if you only start with $1,000 it is pretty unlikely! If you started with $50,000 or $100,000 then you’d have a much better chance.
You will generally find penny stocks to be more volatile and higher risk since they are usually growing very strongly and have not had chance to diversify into other markets / geographical areas. So by the same token, you could quite easily lose $175,000 in a year!
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