Has anyone in history ever made it wealthy in the Penny stock investment game of investing?
Question : Has anyone in history ever made it wealthy in the Penny stock investment game of investing?
We know it’s risky, but has anyone ever made a lot of money from penny stock investing?
Devid, what the hell did that have to do with Penny Stocks? LOL Whatever man!
stock investing
Best answer:
Answer by Bill Q
Penny stock brokers have gotten wealthy selling them.
I’m sure people have made money in penny stocks. However, you have to consider whether or not all of those stories indicate that those who ended up making money made it because of true business savvy or because of pure dumb luck.
For example, in March 2009, the markets crashed to twelve-year lows. People who bough stock at this time made a killing since then. However, is their success due to smarts or due to luck.
The point I am trying to make is that those who invest in stocks for the long term and have good, sound reasons as to why they picked the stocks that they picked are in the best position to make a lot of money.