437- Penny Stocks & Movies

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 26 September 2023

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Penny stocks can seem tempting to some investors due to their low cost and potential for quick gains, but they carry significant risks and are often manipulated due to the light regulation they see from the FCC. It’s hard to argue that a low cost of entry and the potential for high returns aren’t tempting, but the illiquidity of penny stocks and their heightened potential for fraud tend to be warning signs for value investors. On this episode, Phil and Danielle share their opinions and experiences related to the penny stocks side of their investing journeys. For help in finding the right businesses to see your investments generate consistent returns, click here to get your free copy of How To Pick Stocks: The 5-Step Checklist: https://bit.ly/3ros8mU Topics Discussed: Surgery Penny stocks Netflix Fair Use Colombo Family fraud case Penny stock liquidity problems Microcap fraud Resources Discussed: The Wolf of Wall Street Barbie Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	At Eon Next, we believe life's better when you know you can get your hands on discounts
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0:10.4	your home to a bit of future-proofing.
0:12.8	We think that makes energy a little bit better, and that's why we're always working towards
0:17.6	helping you get more out of your energy.
0:20.2	So visit eonnext.com today.
0:22.4	Discounts available to Eon Next customers in 30th of December 2023, Teas and Seas, Eligibility
0:27.2	Criteria and Geographical Districtions Apply.
0:30.2	Hey everybody, this is Phil Town.
0:40.2	And this is Daniel Town.
0:42.2	Welcome to the invested podcast, where I am one eyeing it today.
0:47.2	Oh, man.
0:49.2	On our podcast, I feel like it.
0:50.2	The story of our woes continues.
0:53.2	No, but seriously.
0:55.2	My shoulder turned into an eye.
0:58.2	Yeah.
0:59.2	But you do have two eyes still, thank goodness.
1:02.2	Yeah.
1:03.2	Just eye surgery is putting you a bit on the, what is it?
1:11.2	Uni, focal.
1:13.2	Uni, unit.
	...

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