All investments have risks, but if you invest in penny stocks, the risk level is akin to gambling. Timothy Sykes is a seasoned trader who turned $12,415 to $1.65 million, according to Forbes. But even he admitted on his own website to losing his money roughly 30 percent of the time.
People who ignore the odds and stake money they cannot afford to lose, such as the mortgage or their savings, are destined to go broke. Penny stock investors should be prepared to lose their entire investment, the U.S. Securities and Exchange Commission has warned.
Baking is an enjoyable endeavor, but it can also get tricky, especially if you’re a…
Does it seem like your hard-earned paycheck isn’t stretching as far as it should be?…
I never realized just how much I relied on my microwave until I didn't have…
Whether you work or stay home, have one kid or 10, parenting is an undeniably…
These days, the majority of the information you get in the mail is also available…
Getting a tattoo can be a nerve-wracking experience for the person going under the needle,…