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The worst financial meltdown since the 1930s happened
a few years ago. In 2009 many long term investors lost
most of their investments. Their 401ks were practically
wiped out. The days of investing your money in large
blue caps and holding them for years are over! Those who
invested in large caps watched their accounts shrink to
Buy and hold can be an excuse for sitting on your mistakes and that's how many investors have lost. Trading doesn't have to be about making hundreds of transactions. Many investors can build sizable amounts of wealth by jumping on just a few penny stocks a year. You will be very hard pressed to find a stock trading at $75 advance to $300 in just a couple of weeks, but you will more likely see a penny stock go from $.75 to $3.00 in that time!
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Laura M, CA
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