Stock Market

buy sp500 wait 40 years

wait until the bubble bursts and buy the dip

Penny stocks are cheap for a reason.

Play blackjack instead. Better odds.

>>1722231
You're not going to make a few thousand every now and then dealing penny stocks. You are going to lose a few thousand every now and then if you're stupid enough to put that much money in such risky investments.

> small but comfortable money
> penny stocks

Pick one.

Penny stocks are for idiots

>>1722231
>download the Robinhood app
>visit the /rhg/ thread here on /biz/
>watch for hot tips
>...
>profit!

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11KB, 468x60px

>>1722391

>>1722231
>no one has a background in finance
>their overwhelming interest in penny stocks
It all fits

Have you seen the wolf of wall street? Where he enters that small brokerage and the owner of the place says he sells the penny stocks to smucks? (postman, milkman, customer assistants etc.). Same principal

Watch Martin Shrekli's videos on finance, they're good. Read some books and follow forums. Learn to find value through your own analysis (although if you have the right level of understanding and the right sources of info from the internet then you'll be fine without) and learn entry points through price action.

My personal strategy is:

1) Wait until the weekend
2) Find companies who are issuing their earnings the following week BEFORE market opens
3) research the fuck out of those companies
4) pick one or two to trade
5) buy or sell the stock depending on your analysis and predictions
6) input a tight stop before the market opens on the day of release as a fail-safe, that way if earnings go against your prediction you limit your losses

>>1722389

Say that to my 80% gain on $MSTX in 2 weeks.