[mage lang="" source="flickr"]penny stocks strategy[/mage]
What investment can bring more wealth?.. Penny stocks or large caps?
Large caps pay out more but penny stocks have a higher return when they hit big.Large caps are for long term or short term? Penny Stocks are for long term or short term? What would be your strategy of the two?
By the way I just want to let you guys know I didn’t give you thumbs down for your answers. I can even rate yet because I’m not even at level 2 on yahoo answers. I guess you both gave each other thumbs down or someone viewing the question.
If you want to build your wealth, better to invest in large caps. If you can take some good risk for the sake of short-term returns, you can consider penny-stocks, they are normally a news-driven momentum stocks. Penny stocks are normally for short-term gains while large caps are usually for long-term gains but can be bought for short term also. But you need to do some research before investing.
It is always better to set your targets and understand your needs.
Penny Stock Investing | Penny Stock Trading Strategy