Podcast 78 - The Wealth and Dangers of Penny Stocks - 24aug22

Send us Fan MailWelcome to Safe Dividend Investing’s Podcast # 78, on August 24 of 2022.  In addition to answering the usual 5 questions, from investors, I will commence to selectively read from Chapter 6 of my first investment book, Income and Wealth from Self-Directed Investing. (The first half of this chapter details how to set up a self-directed trading account.  It needs to be read, thus I will skip ahead to where the investor is now ready to purchase their first stock.) FIVE QUESTIONS FROM INVESTORS1. What is the purpose of a stock market, and what is its benefit to investors? 2. Are penny stocks safe for investing? 3 When a stock price drops, who decides by how far it should drop? 4. How could I start investing in stocks? 5. Why do some companies not want to sell their shares on a public stock exchange? The objective of these podcasts is to turn all investors into successful self-directed, financially independent investors. For more insights into investing and stock scoring, go to, www.saferbetterdividendinvesting.com. Investment books available by Ian Duncan MacDonald:American High Dividend HandbookCanadian High Dividend HandbookSafer Better Dividend InvestingIncome and Wealth from Self-Directed InvestingAll four investment books are available from amazon.com as e-books or in print:Those purchasing an investment book can request the IDM stock scoring software at no additional charge. It helps to quickly and easily create strong dividend portfolios. You can easily verify the current strength of any stock before you purchase it. If you like fast moving, entertaining, adventure stories, check out Ian's three novels at amazon.com, which are also available as e-books and in print.:  Beware the AbandonedUsing Drought USADuelIf you are interested in Ian's art, visit his Fine Art America website a https://fineartamerica.com/profiles/ian-macdonald and scroll through the many paintings, photos and digital art.Ian Duncan MacDonald Author and Commercial Risk Consultant,President of  Informus Inc                              2 Vista Humber Drive                               Toronto, Ontario                                Canada, M9P 3R7                                 Toronto Telephone - 416-245-4994                                   [email protected]