Only invest in the
giants
Go on. Search the Internet.
Google "Penny Stocks".
And you will see a lot of materials telling you to buy them.
My friend Sharma is no exception.
He came to me one day and said, "Bro, your recommended
stocks are so boring that I feel drowsy. "
"In what kind of stocks/shares do you invest?" I
asked him.
"Penny Stocks/ Shares, this is where the action takes
place! Sharma blurted out.
For those who do not know what Penny Stocks are, These are
cheap stocks that you can buy for a few Centavos. But they are very volatile.
Because they are small companies that only promise profits, advertising potential
without prehistory.
Sharma went on "In one of them, I gained 66 percent in
one month!. Can you defeat that? But I read the stocks you have recommend, Bro.
They are so sleepy. They grow by 10 percent after six months! My stock / shares
rise 10% in one day!
I laughed. "But your stock has also fallen 10 percent
in one day, I say.
"But it's the most exciting part," Sharma said.
"Sharma, you are my friend, please let me warn you. My
Stock / Share market mentor has been investing for 37 years. He is a billionaire.
He is richer than me, you and all our friends welth put together. My mentor
always advise me, "When you buy pennies (Penny Stocks), you will become
destitute.
"Did he say that?" Sharma was shocked. "He
said why?"
"Yes, buying penny stocks / Shares requires guessing ,
though stocks / shares will rise or fall. This requires a timing in the market.
Requires many skills and time to people with regular jobs don’t have. "
"But I have a normal job and I do it, and me earned
money. "
"Today you make money," I say, "but tomorrow,
will you still make money? "
"Why?" Sharma asked.
"My mentor likes to give this example. Let's say you buy
Penny Stock / Share # 1 and you have your money doubled. "
"I experienced that!" Sharma smiled.
"So you go back and buy Penny Stock / Share # 2. Double
your money again. And let us say that you are so good, you double your money
for penny stock / share# 3 and # 4. But if You bought Penny Stock /Share # 5,
it crashed. All your money goes in the sink. "
My friend was quiet.
He finally said, "Uh ... it happened to me, too.
I continued, "Sharma, buy Penny Stocks, it's pure and
simple gambling. That's why it's exciting. But it is very dangerous. I suggest
you come to me and do the boring stuff. You can sleep better . And in 20 years
you will be a millionaire. "
"So you do not time the market?"
"Not me."
"You do not know if the stocks you buy go up or down?
"
"Not me."
"And you only buy big companies?"
I only buy the biggest and best companies in the country side.
"
"Man, that's boring."
"But surly safe , and effective, I just bought nonstop
every month. In 20 years I am very rich."
"OK ... what
boring companies are these again? "
That day, I won another convert to our boring but effective
system to make you really rich.
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