Forget Penny Stocks: Why ETFs Are the Best Investments for Those Saving for Retirement
Investing in the stock market is one of the best financial moves you can make, especially as you're saving for retirement. You'll likely need to save several hundred thousand dollars or more to retire comfortably, and achieving that goal isn't easy.
Whether you're behind on your savings or are simply trying to earn significant investment gains in a relatively short period of time, you may be tempted to invest in penny stocks. The Securities and Exchange Commission (SEC) defines penny stocks as securities that trade for less than $5 per share and are issued by very small companies.
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Source Fool.com
