… Read More
© Johannes Eisele/Getty Images
Johannes Eisele/Getty Images
- A Charles Schwab chief investment strategist explained why making short-term bets ahead of the election is a risky strategy.
- In the span of the last 30 election cycles, there have been a range of significant impacts on market performance that had “little-to-no relationship” with the incumbent party in the White House, the strategist, Liz Ann Sonders, noted.
- Considering the multitude of market outcomes in every election cycle, she said “the economy impacts elections more than elections impact the economy.”
- Investors looking for clear connections between the election and market performance cannot expect easy answers, she said.
- Visit Business Insider’s homepage for more stories.
Betting on election outcomes is risky as history makes it clear that the relationship between politics and the stock market is varied and absent of consistency, according to a chief investment strategist at Charles Schwab, Liz Ann Sonders.
… Read More
© Bill Oxford/Getty Images
On the plus side, penny stocks offer a cheap chance to buy a winner; on down side, they can be hard to research and trade. Bill Oxford/Getty Images
- Penny stocks are securities that trade at less than $5 per share, often in unsupervised over-the-counter markets.
- Penny stocks are considered lucrative but high-risk investments: volatile, illiquid, and often subject to scams.
- Investors interested in penny stocks should deal with those listed on larger exchanges and sold by established brokers.
- Visit Insider’s Investing Reference library for more stories.
Penny stocks have become more popular than ever, tempting investors with a low cost of entry and the prospect of significant financial gains. Stories of shares making gains of over 4,000% in just months add to their appeal, and new trading technology makes it easier than ever to enter the market.
But while they can be lucrative,