InvestED: The Rule #1 Investing Podcast

437- Penny Stocks & Movies

Penny stocks can seem tempting to some investors due to their low cost and potential for quick gains, but they carry significant risks and are often manipulated due to the light regulation they see from the FCC.

It’s hard to argue that a low cost of entry and the potential for high returns aren’t tempting, but the illiquidity of penny stocks and their heightened potential for fraud tend to be warning signs for value investors.

On this episode, Phil and Danielle share their opinions and experiences related to the penny stocks side of their investing journeys.

For help in finding the right businesses to see your investments generate consistent returns, click here to get your free copy of How To Pick Stocks: The 5-Step Checklist: https://bit.ly/3ros8mU

Topics Discussed:

Surgery

Penny stocks

Netflix

Fair Use

Colombo Family fraud case

Penny stock liquidity problems

Microcap fraud


Resources Discussed:

The Wolf of Wall Street

Barbie


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Phil Town is a hedge fund manager and author of 3 New York Times best-selling investment books, Invested, Rule #1, and Payback Time. On the InvestED podcast, Phil and his daughter Danielle shine a light on the successful investing strategies that gurus like Warren Buffett have used for 80 years. Listen in for a great stock market education on basics, learn how to invest on your own, and follow along with real-time examples and investing tips from week to week. Subscribe and leave a review. Questions? Email questions@investedpodcast.com.