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3 Investing Mistakes That Could Leave You Broke

3 Investing Mistakes That Could Leave You Broke

The appeal of penny stocks is clear -- because their share price is so low, it's easy to scoop them up without sinking a ton of money into the market. The problem with penny stocks, however, is that they're highly speculative. Penny stocks are often associated with newer companies that don't have the same standing and stability as well-known companies.