No. of Recommendations: 3
TPJ --

<<Then this article came out and made me feel alot better about my choice. So thank you to the MF staff. >>

I'm the one who prepared that article, and I'm glad it made you feel better!

No matter how long you're planning to hold a stock, the number of shares shouldn't make a difference. You could have 66,667 shares of a 3-cent stock or 200 shares of a $10 stock or 26 shares of a $75 stock, and the bottom line is that you'd essentially simply have a $2,000 investment -- one that could go up or down 5% or 10% or 30% or whatever% this year and next year and so on.

(Of course, staying away from 3-cent stocks is usually a smart move. Any stock trading for less than $5 per share is in penny-stock territory and is probably extra volatile and risky.)

Best wishes,

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.