Monday, February 05, 2007

Want to learn more about investing?

I have been interested in the financial world for a while. But let's face it, for the newbie, it can be somewhat intimidating, especially if you don't have a lot of money. Once again, you gotta love the internet. There's a site called that aims to make things easier for the "microcap and small cap investor". I had to put that last phrase in quotation marks, because I really had no idea what it meant. I figured it was small, because they are also called "penny stocks".

I'll take a moment here to educate both of us. The U.S. Securities Exchange Commission Website defines Micro Cap stocks as such, "The term 'microcap stock' applies to companies with low or 'micro' capitalizations, meaning the total value of the company's stock. Microcap companies typically have limited assets. For example, in cases where the SEC suspended trading in microcap stocks, the average company had only $6 million in net tangible assets — and nearly half had less than $1.25 million. Microcap stocks tend to be low priced and trade in low volumes."

See, the key here at the end was "low priced" and "trade in low volumes". That means most people can affort them. However, they can be a bit of a gamble, so you need to make sure you do your homework before you invest, even if it is just "pennies". That's where can be helpful.

They have a lot of resources for you to use to learn more. You can:

You'll find most of these features are only available once you become a member. But the great news is, membership is completely free! The site itself is very professional and high-tech. It's also got a cool Web 2.0 vibe with lots of pictures, videos, and interactive elements. Check it out.


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