Hey everyone! Today go over the best penny stocks in 2020 for you to be watching and keeping an eye on! I know Penny Stocks aren't the best investment you could be making, but it's definitely something entertaining to keep a watchful eye on since they truly could increase in value and become a good investment to make. Penny stocks are very inexpensive shares of a company that has a very low market cap. There is some debate as to what price a stock needs to be to be considered a penny stock, but we’re gonna follow the SEC’s definition and consider any stock trading under $5 as a penny stock. They are known for being very risky and very volatile which attracts many new investors and day traders. Many scams revolve around penny stocks and they generally aren’t purchased by serious investors, especially long term value investors. Many people buy penny stocks in hope that they’ve just invested in the next Apple or Microsoft, which the vast majority of the time couldn’t be further from the truth. However, there are definitely some penny stocks to watch out for, and if you study the financials of a low cap company and do your homework, you may decide to actually invest your money in one of these. *Links*
-------------------------
Royalty Free Music By Bensound
Thank you for watching and be sure to subscribe for more videos about business, entrepreneurship and investing :)
0 Comments