Short excerpt from a YouTube video ("Investing Wisely: Why Penny Stocks Aren't the Answer") where one speaker asks whether a new investor should start with penny stocks. The other speaker advises strongly against penny stocks and emphasizes the importance of doing research before investing; having money alone is insufficient.
Yeah. Would you. Would you suggest to somebody that wants to find something to invest in now, start with penny stocks or.
No, I would never suggest them to start with penny stocks. I would suggest them to really sit down and do the research. Having the money is one part of it. Doing the research is the other part. You know what I'm saying? That's something that we got to be very clear about when we're talking about investing. Right. I always wanted. I always had to do the research.
