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Beginners Primer: Investing Mistakes to Avoid

Investing in the stock market can be a scary proposition for most beginners. And for good reason. You could lose your money if you're not careful. Along the way, you may make a few investing mistakes, however there are big mistakes that you absolutely must avoid if you are to be a successful investor. For instance, the biggest investing mistake that you could ever make is to not invest at all, or to put off investing until later. If you want to get rich, you must learn how to make your money work for you instead of working for money. So get started making your money work for you – even if all you can spare is $20 a week to invest! While not investing at all or putting off investing until later are big mistakes, investing before you are in the financial position to do so is another big mistake. Get your current financial situation in order first, and then start investing. Get your credit cleaned up, pay off high interest loans and credit cards, and put at least three months of living expenses in savings. Once this is done, you are ready to start letting your money work...
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3 Steps To Trading Penny Stocks

Exactly what are penny stocks? In a nutshell, penny stocks are categorized by the SEC as any stock currently trading for under $5 per share. Some individuals and organizations consider all stocks traded in certain markets like Over The Counter Bulletin Board (OTC-BB) and Pink Sheets to be penny stocks. Some of the markets involved in trading penny stocks include: - Over The Counter (OTC) - Over The Counter Bulletin Board (OTC-BB) - Pink Sheets - Canadian Venture Exchange (CDNX) - NASDAQ Small Cap New investors might want to learn the basics of buying and selling with small cap, or, penny stocks because they are low priced investments. Whatever the reason, the truth is, with calculated analysis, skill and experience, penny stocks can provide nice profits to the savvy stock market trader. Trading penny stocks is really quite simple, and the actual trading takes place the same exact way as it does with large cap, or, blue chip stocks. The first thing you need to do is decide what broker or online trading company you will work with. Brokers buy and sell stocks for you based on your instructions and they earn a commission for their service. In the Internet...
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