I don't think penny stocks are for her/him!
Why not invest in divi paying stocks?
Firstly, dividend paying stocks rarely have the potential for huge capital gains. Secondly, dividends are taxed at the top rate. Thirdly, the dividend is rarely worth more than you can get in the bank.
Why invest in penny dreadfuls?
DYOR properly and you can pick the multibaggers. Don't just look at fundamentals, take mkt sentiment into account too. Hold them for over 12 months and pay half the tax. Rinse and repeat. nb, haven't done this for three years now, just re-entered the mkt in the last week or so.
I don't think penny stocks are for her/him!Why not invest in...
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