Robinhood.

Over which period was this jump ?

i use a gigantic purple dildo to shove it up m... wait this is the wrong thread

No it isn't lmao

He made profit... more than tripled his investment

Thats a good start fosho

very bad ROI and opportunity cost tho

should avoid penny stock as they provide almost nothing in return as any meaningful income is taxed with withdrawal assuming you have commission fee trading (even then its not "free", you pay above market for those stocks).

if youre gonna invest that low you should just stick to an ETF because you dont receive dividends from penny stock like "cancer genetics" (just looked it up and its at an all-time low atm).

better to just put that $50 into savings for a rainy day or something bc you wont be seeing any real profit. sure maybe $2 but at the cost of 80% huge losses, def not worth.

investing into stocks with less than $500 is a really bad idea. your total risk is too high for very minimal profits

with $500 the most you can do is put it into some ETFs to diversify your porfolio and you have $250 leftover for something stable like BRKB which you go super long for as it has no dividend. no one invests small amounts as you can get more on your returns for much less risk by simply not investing. stock is good if you can afford to put down ~10% a month into long term, high dividend, stable stocks as it is a good way to increase your savings potential rather than putting it all into a savings account


-obviously its not bad making a few $ but the risk is too high when it comes to investing with low $, you really have to "spend money to make money"

This post was edited by HouseofGuards on Dec 5 2019 07:29pm

I have no idea why people still try to invest into something, just safe stuff and money for yourself is it so hard? no it is not, but you need to think a little

Yea good advices here

I learned my lesson with penny stocks. Invested $8K into marijuana penny stocks and down 90% currently lol

i invest in Jah runes so I can cube them into Chams when the market shifts in my favor

this a good investment tactic is quite the high iq play