Get Rich with Penny stocks

We will bring you the best stocks for under $5.00 on the net. These are commonly known to as penny stocks, and they generally have the highest rate of return of any stock. Not everyone will get rich, but these have the most movement of any stocks on the market.

Saturday, December 26, 2009

Getting Started

Ok, first things first. Your stock broker will not want to help you locate and find these penny stocks. So you are going to need to do this on your own. That means you need a way to buy these stocks yourself and for as cheap as possible.

There are a few sites that can help you and all of them are good to work with. E*trade is a site that will be most beneficial to you with this process. As will Scottrade, those two are my favorites. A few people have recommended TDAmeritrade for there ease of use and more friendly user features. Either way you will want to have one of these three for your penny stock buying needs.

You will want at least 2000.00 to get started, you can start with less if you wish. But I started with 2000.00 as it seemed a nice number to go with. Also the stock I wanted to buy was sinking faster than a lead balloon on a warm summer day. Once you have that done, can take as little as day, up to 5 business days for a check to clear. Once that is finished you will want to get a hold of a good stock to buy.

Come back here for my favorites, I should have some posted in the next day or so once I get some research done. The ones I have now are all quite beyond the $5 range that we want to have.

Thank you for reading and take care till next time

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