Penny Stocks - Are These Worth Adding to Your Investment Portfolio?

Penny stocks are shares that can be traded startingIt is important to keep in mind when considering
at any amount that is less than $5. If a company'spenny stocks investing that all the major companies
total value or market capitalization is less than $10such as Walmart, Xerox, etc, used to be penny
million, it may be called a penny stock company. Thisstocks at one point that investors took a chance on
article discusses whether penny stocks are worthand benefited. As they grew, the stock price
adding to your investment portfolio.increased until the stockholders became
They are usually riskier than average investmentsmulti-millionaires.
and if your portfolio and your investment strategy isAdditional Risks Involved
risk aversion, you do not need to include these1. Do not purchase any stocks that you heard about
stocks in your portfolio. Because they are muchfor free. Swindlers usually use pump and dump
riskier than other investments, the reward potential istechniques to scam you out of money. They will tout
significant.a certain stock with no supporting basis besides their
Some of these stocks have gone from $.25 cents toword and once enough investors purchase the stock
$30.00 while there are other penny stocks haveand inflate the price, they will usually disappear during
become worthless. If you are in your twenties orthe night after selling their stock at grossly inflated
thirties and have a longer time before retirement,prices.
you can probably stomach more risk and implement2. If investors do not do their own research or how
an aggressive investment strategy and try your handto trade in these stocks.
at investing in these stocks, compared to someone3. Penny stocks may have low visibility and may not
with less time until retirement who may be advisedbe easily traded.
to make conservative investment choices.If you take the time to perform proper research on
A lot of investors like these investments because ofthe companies and learn how to trade in penny
the small cost related to trading in these investments.stocks, it will pay off in your investment portfolio for
It is hard to invest in Walmart or Microsoft currentlyyears to come because trading in penny stocks is a
and make a significant profit. If you purchasedvery rewarding and exciting investment opportunity.
Walmart stock in the seventies that you still hold,If you take the time to learn how to find good
then your investment return currently is extremelycompanies that are offering these stocks and take
significant.the time to understand the dangers and the ways to
There are plenty of small companies across the USavoid them, you can be one of the next
that have the potential for significant growth in themultimillionaires. The recession makes this an
future or that can crash and burn. You have theopportune time to make a change and look for viable
ability to turn a small investment into a fortune whenopportunities for success. There shall not be an
you invest in these companies that significantly growopportunity like this for many years so you need to
in the future. The downside is that you will lose yourtake advantage.
entire investment if the business does not succeed.