re: Stock newbie here

quote:

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$2-5$/ share. Or under

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Russian considers anything under 50$/share a 'Penny' stock.



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sounds like what you are looking for are high risk/ high reward stocks.

Stocks under $5, as has been pointed out here, are penny stocks.

Penny stocks are for chumps.

You want a balance of investments in Dow Dogs, utilities, municipal bonds funds, and steady mutual funds that don't charge a fee.

Mining stocks are very volatile. You can buy them at their low points and sell them at their high points.

Avoid buying stocks that don't pay a dividend.

Always set your buy at a price just a little lower than you think the stock will fall and be patient. Usually, the stock price will fall on a dip.

Here's a stock I own that is priced reasonably and cheap--KCAP. It pays a killer dividend.