What are penny stocks? Low-Priced and mostly illiquid stocks of the company whose market capitalization is very low are called penny stocks. In India, they can have prices less than Rs. 10. Penny stocks are considered highly speculative and risky due to their lack of liquidity, less information disclosure, and less number of shareholders. Due…
Many of our attendees and non-attendees are asking about investment in Yes Bank… Yesterday it rose more than 30% i.e. from Rs 32 to 42! Now, first of all, I want to say that don’t get greedy looking for just one rare instance of instant wealth. What you are not looking for is that it…
What do the wealthy few own that makes them wealthy? Stocks, Bonds and Real Estate combined accounts for 81% of their total wealth…!!! And the reason is of course simple. These are the assets that generate passive cashflow and also provides capital appreciation. If you look closely, cars and other luxury items account for only…