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RE: Lesson 1: Why should you buy stocks?
Great article. Do you think those new to investing will be more drawn to crpyto markets as opposed to stocks? Since the return on investment in the crypto realm seems to be significantly greater than what you can get from the stock market including penny stocks.
Thanks for your feedback! I believe new investors will definitely see cryptocurrencies more appealing because of that but of course it is way more volatile and therefore poses a higher risk. There's also the perpetual discussion about it being a bubble. It really depends on what type of investor you want to be. For high risks and opportunity of higher return or loss, penny stocks or cryptocurrencies would be great. For safe investors that are in for the longer term, the so called "blue chip" stocks (safe companies, they are secured to grow but not as fast) are the best. As my personal choice I decided to go with safe stocks for now, slow and steady. Once I get enough profit from those, I will use it in higher risk investments. Thanks for your question, I hope that answered it. Have a good day!