Friday 13 December 2013

A Penny Stock Newsletter Can Change Your Life

By Jeannie Chapman


You may spend hours at the computer, using social networks and playing solitaire. If you'd like a more exciting way to use the internet, consider a free subscription to a penny stock newsletter. There are many sites to choose from, all claiming vast expertise in the trading of small stocks.

The investment required to get started is small. There is also the thrill of doing your own trading, which is not so scary when you're using pennies. The newsletters promise to alert you to red hot opportunities and tell you precisely when to buy and sell. Even though the investment is relatively small and the returns potentially stupendous, remember that risks are as big as gains in this extremely volatile market.

The charm of this market is that the initial investment requirement is small. There are success stories out there where a hopeful investor started with ten dollars and now has quit the nine to five rat race and works from home. You'll see returns in the triple digits on the newsletters sites, and testimonials about going to the bank with thousands to deposit or seeing an investment return 225%.

There are many free offers of financial inside tips online, presented by people who look like they work on Wall Street or like James Bond's girl sidekick. Just checking out the sites is fun. There is a whole new world out there, complete with hype and promises and guarantees that everyone respects your privacy.

The experts say learning a new language is good for your brain, and trading has its own vocabulary. Before you take the plunge with your lunch money, you might want to know what a micro cap is, for instance. Look at trading small stocks as an educational experience, hopefully a lot cheaper than a college education.

The excitement comes from words you'll see like 'explosive growth' and 'break out stock'. It's absolute fact that this type of stock can rise like a rocket to dizzying heights of profit. Cautionary words like risk and volatility seem to mean less when you're thinking in pennies. It's a cheap way to be the master of your own destiny, assuming you have a cool head and a separate bank account for your rainy day savings.

The hype is hypnotic, like all good hype is. Phrases like 'Sign up today and don't miss out on this offer' or 'Free subscriptions are limited, so sign up today' sound a bit like used car sales patter. You can check review sites that claim to be totally impartial and able to tell good advice from bad. But maybe you just want to go with your gut and choose one that makes your heart rate rise.

If you want a get rich quick scheme that won't require a second mortgage, it might be found in a penny stock newsletter. Take the plunge and see if trading small stocks is as exciting and as profitable as it sounds.




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