Re: Anyone want to talk stocks and retirement?
Penny Stocks, I've seen numbers that an overwhelming majority of stocks sitting below $10 never climb above that number. not that it doesn't happen, just that most penny stocks remain penny stocks until they move into bankruptcy. Investing is not "a game", I cringe at that notion every time I hear it. Warren Buffet didn't become a billionair by playing a game, he continually found great value in underperforming stocks and waiting for the market to catch up with the results of their business. He'll often buy and hold forever if he likes a company enough (like coke) knowing that a great company that stays a great company will continue to rise in value.