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Originally Posted by Traditional_Ale
So, assuming I'm in my mid 20's and don't make a tonne of money buy want to get my foot in the door with some kind of investment to start a nest egg.
Say I got, $5000. What should I do with it? BTW, I don't mind taking risks. He who dares, wins.
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Buy an oil and gas stock, higher risks are ones that sell for around a dollar or less, but could turn into quite a bit. I've bought one stock a while back that was 6 cents and is now over 26 cents. Quadrupled the money so far.
On the downside though the lowend stocks have a higher chance of going belly up.