Trading Penny Stocks

We've all heard about the investor how bragged about his 100% or 1000% return on a stock or about the guy who made it rich by investing in small caps, undiscovered stocks that made it big. In theory, it seems to be too easy. Invest in a couple of penny stocks, then sell them when they move up. Unfortunately, it is too easy. Too easy to lose money unless you know what to look for.

Commentary

With housing prices dropping and investors caught in the clutches of a bear market, a growing battle is brewing between Baby Boomers and Generation X. Gen X’ers are feeling little in the way of pity for their parents. Many baby boomers, facing shortfalls in their retirement nest eggs, are looking at the very real likelihood of having to work into their 70’s – a time when many thought they would be playing golf every day. Employers will have to choose between paying handsomely for an experienced workforce, or paying less for youthful enthusiasm.

What can baby boomers and gen x'ers do to avoid a battle royale?