Penny stocks include any stocks trading for less than $5.
They can be pretty risky 🛑:
- They don’t need to file any papers with the SEC
- There’s usually less information available on these companies
- They’re often illiquid, meaning they’re hard to sell
- There’s high risk of fraud in the penny stock market. 💀
If you’re looking for more affordable stocks to invest in consider investing in brokerages that allow you to invest in fractional shares.
Fractional shares are basically partial shares of a stock. That way you can buy stocks of ETFs and more reputable companies at penny stock prices — without the penny stock risk.
If you’re interested you can invest in fractional shares by opening and funding an account on Webull through the link in my bio, and they’ll even give up to 12 free stocks! 🙌
Hope that helps.
Follow @sharontseung to help you become financially free!
👉 If you want to start investing in real estate - we gotchu:
You can start with our FREE class about How To Buy Your First Rental Property.
We will go over:
✅ The Fundamentals of Real Estate Investing
✅ How much do you need to start investing?
✅ The Steps to Buying Your First Property
Where: Link in bio! 🔗
Why: To create financial freedom for yourself!
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