Who Should Buy Penny Shares

Should You Buy Penny Shares?

Don't buy penny shares if you aren't prepared to lose money, would be the first piece of advice to anyone considering buying penny shares.

To go further than that you should already have a working knowledge of how investing in stocks and shares works, have a stockbroker, and probably a portfolio of shares already before you consider looking at penny shares to buy, even if they seem like the best penny shares on the planet!!

Further still, you should never have more than 25% of your share portfolio in penny shares. Put another way no share portfolio no penny shares!!

You should own your own home, and have your pension sorted, not needing any more contributions.

As a cast iron rule, even looking at what seems the best penny shares, just don't get involved if you have few assets, or you are a student, or you don't have a regular job.

Finally, never never borrow money to invest, because it's too big a risk to buy penny shares.

Remember you will find much of what you need to know about Penny Shares on the internet