5 Ways to Cut Risk from Penny Stocks
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Alex Koyfman of Wealth Daily explains how to get started with penny stock investing, by giving us 5 ways to cut risk from penny stocks!
Some have even gone so far as to call penny stock investing the “common man’s venture capitalism.”
When you buy penny stocks, your goal should be to own the next Facebook, the next Apple, or the next Google — before the company hits its stride and becomes a globally recognized brand.
Of course, the goal and the reality are often far apart, and the reason boils down to one word: risk. This how-to guide will show the best ways to decrease risk when investing in penny stocks, using tools such as the Stock Screener tool on Google Finance.
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