July 22, 2011

a penny for your stocks

I have noticed that lines for those buying lottery tickets get longer and longer. Well, who would not be enticed to try their luck on the lottery when the prize money is so huge. People who buy lottery tickets are just waiting for their luck to strike and winning in the lottery is one of the easiest ways to get rich. Another way which seems easy is trading stocks. When I read about this, I thought that it is so hard to understand and such a big risk to undertake until a friend explained it to me. She got started in this endeavor by self-learning and she said that if I just read about these penny stocks, I would be able to learn the ropes of it, too. She is now earning from her stocks and all those money she initially spent on DVD guides totally worked out for her. Isn't it amazing?

My insurance policy segregates a portion of my premium payment for the company's investment called a flexifund and so far, so good. I have acquired a small amount of money from the insurance company's investment, but I guess if I get into trading stocks, it would be all a different story anyhow. They said that it's a big risk to take, but money will not grow if you just put it in a bank. There are now a wide array of options for those who wish to invest and I'm studying my options regarding that route. My friend who got into trading stocks said that at first it was really difficult, but when she developed her own strategy on how to trade, she got the hang of it. It is not a bed of roses for her and there were quite a few times that she lost, but her overall experience with stock trading is a pleasant one so far.


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