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Investing on a low budget
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Sat Oct 11 2008

Sat Oct 11 2008

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Investing on a low budget


Ultimately it should make little difference. What you want to do is concentrate the money in the most quality stock you can find, regardless of the price of the stock. It's always tempting to try the most shares of the lowest price stocks. Pyschologically it feels right. But in reality, it doesn't make a huge difference because you're looking for percentage gains. a 20% gain is a 20% gain regardless of the configuration of the investment.


So I have heard some news that although Innovation Holdings split in order to get some money that they are about to be bought out which will send their price through the rough. Can anyone confirm the rumor that I've heard or is it only a rumor. Looking at the stock and company it doesn't look that promising, but I was told by someone that I consider to be Warren Buffet's son that their price will multiply 1000 fold by the end of the month. Call me stupid, but it just makes me curious. No way, I can sink that much money in without finding out more.


You want to be careful with rumors. Generally they turn out to be false.


Nekogami, I would buy around 200 shares of a $5 or under stock.


This sounds interesting, but I did not find it at the NYSE. What is the Symbol, or ticker? Thanks. :D


INOVE.OB Is the ticker. Last trade: 0.0001 You could get a lot of shares of this one. I don't really trade too much in these types of stocks myself, but if you know what you're doing anything is possible.

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