Which one is more likely to make me a very wealthy person? I’m only in it for the wealth….I’m not even going to lie to ya. LOL Can a person get rich off of one share of a Blue Chip being that it keeps on reinvesting itself over a course of 3 years. Example: If I had 1 share of Wal-Mart stock and I just kept it for about 5 years. How much money would I see being that the profits just reinvest into the share?
you might see no profit or you might lose money – there are no guarantees of making money with investing in stock or bonds or mutual funds
nothing increases in value ALL the time – look at house prices – they dropped 20-50% in the last 3 yrs and still haven’t bottomed out in most areas and most stocks lost 30-40% from fall 2007 to spring 2009
you can only "reinvest" if a stock pays dividends and most stocks DO NOT pay dividends and even those that do, can still wind up losing money if the stock price goes down
very few people get even moderately wealthy just from investing and most of those that do – it takes 20-40 yrs before they are wealthy
Penny stocks are about riskiest thing you can invest in – it’s closer to gambling then investing – you might not be able to sell your shares when you want to if all of a sudden everyone who owns that stock all want to sell and there are no buyers
penny stocks have very low trading volumes and you are at risk of insiders manipulating the stock price – if the stock is even ‘real’- watch the movie Boiler Room with Giovanni Ribisi