THE GOOD OLD CHEAP STOCK

Have you ever brought a stock that you thought was cheap, that ended up costing you more than it was really worth. The stock market can be the place that people go to when they want to make money. We all dream of buying a stock for 10 cents and see it go to $10.00, how often does this happen. So are we better off looking at quality stocks that will consistently go up, as opposed to dreaming of finding that big moving stock. The meaning of cheap stock, that is, stocks that they are trading under 60 cents or below, are always enticing - because you put down a small amount of money for a potentially lucrative return. It also looks good because with your investment you are getting a lot more shares, or contracts for you amount invested. However, for many investors , this scenario is just a pipe dream to buy that stock at 10 cents and see it go to $10. Does happen but not very often and it can be very costly. Sometimes they are cheap for a great reason, they are NO GOOD