Forget Penny Stocks: 2 ETFs That Can Double Your Money With Zero Effort
Penny stocks may seem like a smart option, especially if you're on a tight budget. These stocks often trade for less than $1 per share, so you can get a lot for your money -- even if you can't afford to invest much.
However, penny stocks can be incredibly risky. They're often extremely volatile, experiencing dramatic price shifts from day to day. It's also often harder to sell penny stocks, so you could end up stuck with your investments when you're ready to get out.
Source Fool.com