I use to say that but when the company eventually goes into administration or gets diluted from cap raising and then the consolidation after months and years of waiting. There is no fun in that. I felt like a loser until I stopped investing in penny stocks. It took me 12 years to realise the only way to consistently make your bank balance go up through asx trading year on year is to short term trade large cap stocks and enjoy the safety of high interest savings accounts when they present themselves.
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