Wednesday, October 23, 2019

Building Wealth in a Small Account

         This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start. 

    This blog is not a way to risk everything and GET RICH , I will  BUILD WEALTH  using stocks with an established history.

     Playing "Penny Stocks" offer large gains but they are a "double edged sword". Through the use of small but consistent gains lets me sleep at night while crushing a "buy and hold" strategy.

     My gains will be small because I am using a VERY small account but do not dismiss this because the percentage (%) gains will build this account into one any small investor would be proud to own and continue to trade.

     No, I will not grow $600 ($50 a month) into $10,000 in a year but that is not what I am trying to do.  A 2% monthly gain (24% yearly) will be great.

     If this is something that interests you, please follow my journey and I will try to explain each trade.

     Your respectful comments (good and bad) and questions are welcome. All comments are on moderation and I will read all and post (unless you request your comment or question not be posted).

     Ask a question (posted or not) and I will try to answer it in a blog post.

Disclaimer, I am not a professional.

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