AMA: You can buy penny stocks in a ROTH IRA. You can buy just about any alternate investment as well, you aren't limited to just stocks and bonds, for your information.
I hold some of my XKEM position in a Roth Ira. I dont want to pay taxes when it hits a buck a share ;)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.