I have been into stock exchanges since long. It was one of the things that I got from my DAD. He used to be great investor and made good amount by investing in some of the big companies. He never went with the companies financial or account statement. His solo motto was to invest in companies that are developed and have the capacity to pay their shareholders for longer duration.
When I get into stock investment I too follow the same pattern of investment. No risk at all investing in big and developed companies always get you gurantee return. But sooner I learned that to create wealth I need to to do some deep research about other companies. As developed companies have no space of expansion while a developing or undeveloped companies have more potential of growth. And that when I learned about Penny Stocks
A penny stocks are shares of the companies which does not have high turnover. They begin trading bt listing in small exchanges and at a very low prices due to low market capitalisation. If one get some good analysis of these companies then surely the return would be much higher than expected. Lately there were many examples where 1 Lac worth of money become 1 crore in a span of time of the investors. Like always it require, a good amount of patience to let the money grow.
These companies have a strong fundamentals and high growth prospect. Generally available at cheaper rate , investing might be a risk affair. But keeping faith over strong financial would surely make good profit.
This is not a financial advice, but surely getting a take on these small stocks can be a good bet for creating wealth. This is my personal experince in last 3 years where some of the penny stocks get me some handsome return. One thing need to keep in mind, that while these stocks are good option it comes up with lot of risk. Being a smaller cap companies very few investor will take interest in buying. But also these smaller size comes up with lots of growth potential.
@steemflow