Im new in investing stock and could use some advise.?

Lets say there was a stock that is currently .02 a share which sometimes goes up a few cents like .06 a few times a week, why don't you hear of people buying like $1000 worth (at .02 a share) and selling it when it reaches .06, thus, making triple?Is it over once the stock hits 0? Thanks for reading this, I hope I make cents.Im new in investing stock and could use some advise.?
Because stocks that trade at .02 a share are MUCH more likely to do down to $0, than to triple in price. Even though .04 may not seem like a big jump, but the chances of a .02 stock versus a $40 stock tripling in price favors the $40. Penny stocks are a gamble, NOT an investment.Im new in investing stock and could use some advise.?
I would suggest that you sign up for one of those stock market game sites, where you can try your investments with fake money.





Possibly, you'll have a lucky pick and make money. Ok, so try again. See if you can make money 3 times in a row. Only when you can do this consistently, should you start to invest with your hard-earned real cash. It's not as easy as it seems.
I agree with your respondent who said to think long-term and keep adding to your holdings. Although I think a lot of people were quite rude to you, and it was not called for.





May i suggest you look at DRIP Plans.





They are seldom recommended by brokers due to the low rate of commissions received. However, these


reinvestment plans can be very powerful long-term investments. Studies have shown that DRIP's are one of


the best strategies on Wall Street.





They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan.





Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip


Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases.





These long-term plans are great for beginners as well as veterans. Check them out.





Best of Luck
You don't hear of this because it is bad practice. Any stock under $5 is simply garbage.





I hope you work on your spelling its ';advice'; not advise and its ';sense'; not cents.





Put your money under your mattress
This is market timing and has ruined a lot of people. What if that stock stock goes down? What if, like in the tech bust, the company goes bust?





This is how to invest:





http://www.saveyournestegg.com/diy.html
Do yourself a favor. Please don't buy stocks. I am going to be honest with you. You seem like a nice person, with good intentions. You problem is that you are stupid. Hang with me. Leave the stock picking for the experts. Buy no-load mutual funds. Spread your assets into a few different areas, then just keep adding to them. USA, Emerging Markets, Europe, for example. Just keep adding whenever you can. Don't look at the prices everyday either. As the years go by, you'll realize how smart you are. Vanguard, T Rowe Price, and Fidelity are 3 good companies to start with. Good Luck! Remember that the tortise wins the race.
someone has to be willing to buy for you to sell, if that makes sense, but there is so much more to it. They are called penny stocks, I know very little about investing with them, but that first tip i threw at you is kind of how I see it, I could of course be unbelievably incorrect though so, if it doesnt help...sorry