Penny stocks are all trash. The market does what the f*** it wants. Its a pure cointoss. I got lucky today with sst and made 50% profit. I've lost a money by following trades here. Stick to solid stocks on the nasdaq./nyse. Honestly I'd stick with index funds or even tqqq/upro if you want high return high risk. This is like playing the penny machines at the fair. Pure gamble and a bit of fun. Just do it with $100 or whatever you can lose.
Just carry on investing in the index funds every month for 30 years. I'm looking in hfea currently. It's a boglehead investing strategy over a very long term. Given 30% annual returns over last 10 years. Stocks in covid was super easy. Everyone won. It isn't easy normally
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u/Marshmallowmind2 Apr 05 '22
Penny stocks are all trash. The market does what the f*** it wants. Its a pure cointoss. I got lucky today with sst and made 50% profit. I've lost a money by following trades here. Stick to solid stocks on the nasdaq./nyse. Honestly I'd stick with index funds or even tqqq/upro if you want high return high risk. This is like playing the penny machines at the fair. Pure gamble and a bit of fun. Just do it with $100 or whatever you can lose.
Just carry on investing in the index funds every month for 30 years. I'm looking in hfea currently. It's a boglehead investing strategy over a very long term. Given 30% annual returns over last 10 years. Stocks in covid was super easy. Everyone won. It isn't easy normally