You might have heard about Penny Stocks. Penny Stock is stock available at the cost of a penny. Penny stock is also known as a Junk or Bhangar stock with no fundamentals. Penny stock investment in the rich-poor game. Investors generally remain attracted towards penny stocks as these stocks are cheap and may yield good returns for the investors. Penny stock price range is Rs.1 to Rs.10. Positive of Penny Stocks – Positive points related to Penny Stocks are given […]
Do you want to spend a penny and become wealthy? If yes penny stocks can help you. What are penny stocks? How can it make you wealthy? Well, before answering these question let’s take a quick look at the performance of the stock market in 2016. The year 2016 was an average year for the stock market. Sensex was able to generate only 6% return in 2016. Many stocks are trading in a red zone. However, few penny stocks have […]
Penny stocks investment is a risky affair. Penny stocks can make you rich or can make you poor. I had got an opportunity to purchase penny stock called as Virat Crane in 2014. This penny stock could give me a return of more than 500% in just two years. However, it does not mean that penny stock will always give good returns. I have examples of people who lost their money in penny stocks. So, as per me, a penny […]
What are Penny Stocks? Which are the Best Penny Stocks in India? Penny Stocks investing is a good or bad strategy? Before getting the answer of these questions let us go through one real life example – My friend has purchased penny stock in 2009. It was one of the best penny stocks in late 2008, however, he regret his decision today. He lost lot of money in this penny stock. From this example, we can say that penny stock […]