Is it Worth Investing in Penny Stocks?

While there are many types of investments, pennycan invest in mutual funds or individual large company
stocks can be the most rewarding. The potential tostocks. You certainly have increased your risk, but
yield significant gains in a short amount of time isalso your upside at the same time.
appealing. It is very common for the best pennyBut what if you wanted to double or triple your
stocks to move 10-25% in just one day and overmoney in a relative short period of time. You
1000% in one year.certainly could not get that from the bank or a
The very nature of penny stocks, make them verygovernment bond. And you would be hard pressed
rewarding and dangerous at the same time. So youto find a larger company stock increase two or three
may ask, why invest in them at all? The answer liestimes in a short period of time. However, if you were
in the old saying, "the more risk, the more reward".willing and able to take the risk associated with penny
Putting your money in the bank virtually eliminates allstocks, there are a small percentage of low-priced
the risk. Having liquidity and immediate access to it isstocks that beat the odds and provide huge
important, but in today's market, after taxes andincreases in the stock price in just a month or year.
inflation, what's left? Government treasuries andSo is it worth investing in penny stocks? The answer
bonds provide relative safety and security too, butis both yes and no. Only you can determine that
with interest rates so low today, don't look for a highafter you've decided you are capable of taking the
rate of return.risk and you educate yourself on this piece of the
If you find there is a portion of your investmentmarketplace.
dollars that you are willing to take more risk on, you