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Re: Flair09 post# 16257

Thursday, 10/05/2017 11:29:25 PM

Thursday, October 05, 2017 11:29:25 PM

Post# of 27120
Flair, it's like this. If you want a safe steady return. Big board is a safe bet. (very often) BUT, if you want to wake up one morning and find yourself on a rocket ride then you gotta be a bottom feeder.

The % gains that can be had in this mud pit of penny land can be exciting, it's not a whole lot different than straight up gambling though.

I'm still learning myself. I have made some very bad decisions along the way as I bet most every one of us bottom feeders has.

However, one rocket ride in this thunder dome of stool can change your financial life.

If you do not have a high tolerance for pain/loss or can't accept the up and down along the way then you might want to just settle back in a big comfy chair that is the big board stocks.

Moral of the story falls back on the golden rule. In Penny land NEVER ever, ever ;ay out more cash than your comfortable loosing when/if the rocket explodes.

It's the potential/risk that keeps us here. Personally, My safe space is never, ever putting more cash on a single ticker than I'd be willing to spend at a strip club. It's always a gamble, many times you'll loose. The time you win can make up for it all though.