You may have heard a bit about penny stocks when people talk about making strong investments. Penny stocks are an affordable way to enter the ranks of investors, and they’re quickly gaining popularity because it’s possible to see incredible returns in a short amount of time.
Timothy Sykes is the best example of this. He took $12,000 of his bar mitzvah money and invested it in penny stocks. Within just a few years, his profits took off, and by the time he was 21, he’d made $1.65 million from his investments.