Watch and listen to this It will make you smile

http://vimeo.com/moogaloop.swf?clip_id=2539741


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Project Millionaire Update .... I have reached Step 7 I now have 65.00
I am now looking at what investments will get me to step 8 130.00

I am thinking of investing in Penny Stocks. Penny stocks, actually are listed on the OTC ( over the counter) because of their volatility (swings between extreme highs, and extreme lows) are not for the faint of heart. They have an inherently high risk factor. Having said they they can be a good vehicle for quick stock profits. The downside risk of losing your entire investment when weighed against the entry into the stock at low costs, mean that even if you do lose everything, the loss is usually minimal. However when these stocks go up the gains they post is generally quite good, sometimes allowing for for double or triple you initial investment.. You should keep very close attention to these stocks and sell when the opportunity presents itself, in general I would not recommend these in a buy and hold strategy. They generally take a long time to become consistent and stable producers of long term growth. But for simple stock flips they can be fun to play with, and losing your shirt is not going to ruin you financially.
For all of these reasons, I find penny stocks very exciting and I enjoy watching them go up and down and calculating the what if's game. So now I will attempt to do it with real money and see if i am as good as I keep telling myself I am. I will see if I can turn What if into I did. so in the upcoming week or so I Will create an account on one of the flat fee trading sites and deposit my Project Millionaire money into it and start looking for a couple of good stocks and see what happens.
Disclaimer: the above is for informational and educational, and entertainment purposes only and should not be construed as, either an offer for nor qualified financial advice, I am not giving, nor do i offer qualified financial advise or services. Before making any investment you should seek the advise of a qualified, licensed financial consultant. and should talk to them concerning your personal financial situation as well as your goals and strategies, as well as risks and benefits that are inherent to stocks and other investments.

My lawyer made me say this. he worries, that if I continue with this blog, and do the impossible; ( his words) others may try to emulate me. If they try the same things that worked for me, and the same thing doesn't work for them, I might be sued. Personally I am not to worried about that. But I agree it is better to be safe rather then sorry . So I will give you another bit of advice. Find a good attorney and make them a friend, then they will give you unsolicited advice as well. When they casually tell you "you could be sued." answer with complete shock why, and then follow the advice even if you think its dumb. Sphere: Related Content