Skip to main content
No. of Recommendations: 1
"I know most Fools are trading penny stocks. "

*****************************************************************

The ideas behind drip investing are really to allow dollar cost averaging to help an
investor to gradually build a position in one or more companies. While there is nothing
which would prevent a person from investing into "penny stocks", the information flow
available to regular small investors would not encourage a reasonable "due diligence" in
my view. Dividend reinvestment kind of presupposes payment of dividends and a positive earnings
flow.
I know this tends to be a tad "behind the times" but most drip investors would not be looking
at highly speculative stocks IMHO.

Howie52
Print the post Back To Top
No. of Recommendations: 1
I think this is the wrong board to ask this question. Drips are "forever stocks" for most of us I believe. I haven't ever sold a single one, and the only ones I no longer have are stocks that went private, so I was forced out.

DesertDaveataol (and others) have a great list of DRIP stocks that have been paying dividends (usually increasing each year) for decades. I'd start there. https://www.dripinvesting.org/tools/tools.asp
Print the post Back To Top
No. of Recommendations: 0
Thank you for the info!
Print the post Back To Top
No. of Recommendations: 0
DesertDaveataol (and others) have a great list of DRIP stocks that have been paying dividends (usually increasing each year) for decades. I'd start there. https://www.dripinvesting.org/tools/tools.asp

DRIPs are a bitch at tax time. I now use this list:

https://www.dividend.com/dividend-stocks/25-year-dividend-in...

Try investing $50 (or more) in one (or more) of these every time you get a chance.

The Force is with you when you use Compound Interest.

https://en.wikipedia.org/wiki/Compound_interest
Print the post Back To Top
No. of Recommendations: 0
landeau,

Go to M1finance.com to Drip all your stocks automatically.

I have created 2 pies with 10 slices in each.

https://www.youtube.com/channel/UCbta0n8i6Rljh0obO7HzG9A/vid... go to this site where Joseph will show you his portfolio loaded with various pies with a few slices in each one.

This will the best place to start your long term journey to retirement.

Quillnpenn -
Print the post Back To Top
No. of Recommendations: 0
Landeau,

Have you looked at http://www.webull.com/ They have better charts?

https://www.barchart.com/stocks/under-10-stocks/top

https://www.barchart.com/stocks/quotes/ZYXI/interactive-char... I bought ZYXI on 12/23/19 and waiting or a sell signal as a Swing Trader. We only date or rent stocks and take the profits and look for the next stock per a given set of rules.

The other choice if finding good stocks is here at https://www.barchart.com/stocks/signals/top-bottom/top

In doing so, you should never ever subscribe to Lyre, Trikker, and Bilkum's people who just want your money.

Something to ponder.

Quillnpenn- https://boards.fool.com/technical-traders-sanctuary-115480.a... Classes begin hear.
Print the post Back To Top
No. of Recommendations: 0
I think one of the biggest deterrents of Robinhood is the access or lack thereof to certain stocks. I know most Fools are trading penny stocks. But if you are looking for cheaper stocks, make sure they are listed on a major exchange like the Nasdaq or NYSE. Of course, if you want to buy penny stocks on Robinhood (https://pennystocks.com/featured/2021/01/26/how-to-buy-penny...) or even foreign companies stocks like Porsche, Volkswagon, and others, you're not likely to have the ability to build a position using the app.

Is it an easy platform to use, yes. But if you're an active trader, then you want to have access to the full offering of stocks in the market, in general.
Print the post Back To Top
No. of Recommendations: 2
"I know most Fools are trading penny stocks."

*********************************************************************************
Oh?

Howie52
No sir, I don't really do that sort of thing.
Print the post Back To Top
No. of Recommendations: 2
"I know most Fools are trading penny stocks."

Different type of Fools. :)
Print the post Back To Top
No. of Recommendations: 1
"I know most Fools are trading penny stocks. "

*****************************************************************

The ideas behind drip investing are really to allow dollar cost averaging to help an
investor to gradually build a position in one or more companies. While there is nothing
which would prevent a person from investing into "penny stocks", the information flow
available to regular small investors would not encourage a reasonable "due diligence" in
my view. Dividend reinvestment kind of presupposes payment of dividends and a positive earnings
flow.
I know this tends to be a tad "behind the times" but most drip investors would not be looking
at highly speculative stocks IMHO.

Howie52
Print the post Back To Top