Should You Invest in Penny Stocks When Money Is Tight?
They say it takes money to make money. And there's a lot of truth in that.
There are many companies out there that are worth investing in. But if you're on a budget with limited funds in your brokerage account, then you may limited as to how many stocks you can buy.
If that's the case, you may be contemplating buying penny stocks. Penny stocks are those that trade for under $5 a share, and at first glance, they might seem like a great choice when money is tight but you still want to work on building your investment portfolio. But while penny stocks might seem appealing, here's why you should think twice before acquiring them.
Source Fool.com
