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Author Topic: Penny Shares?  (Read 14502 times)

IceQB

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Penny Shares?
« on: November 08, 2017, 05:50:47 pm »
Been around a while, but just recently have time (forced 8)) to look into investing.
Seen this advertised on tele quite a lot, redhotpennyshares / howtoinvestinshares
Any good? Or should I look into other avenues to learn more?
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Hamster

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Re: Penny Shares?
« Reply #1 on: November 08, 2017, 05:54:11 pm »
Are you asking about if penny shares are a worthwhile investment?
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IceQB

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Re: Penny Shares?
« Reply #2 on: November 08, 2017, 06:25:57 pm »
Yes, would subscribing to them be worthwhile?
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Hamster

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Re: Penny Shares?
« Reply #3 on: November 08, 2017, 06:39:49 pm »
Quote from: IceQB on November 08, 2017, 06:25:57 pm
Yes, would subscribing to them be worthwhile?
I'm inclined to say "if you have to ask...".

They're way too risky to start out with. A couple of cents movement can either double or halve your investment.
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IceQB

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Re: Penny Shares?
« Reply #4 on: November 08, 2017, 06:42:47 pm »
So its some more reading up to do then.
Which banks have best investment platform?
I'm currently with FNB, not opened an investment account yet.
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