The stock market is a big, vast place, and there are ways to make money in every part of it.
But just like most things, no two parts of the market are equal. Some areas come with less risk, some offer more leverage, and others are accompanied by big potential.
And when all things are considered, these are my two favorite places in the market to make BIG money…
Traders and investors all have unique goals in the stock market, so it’s natural that different areas will be more suitable to certain people than others.
For me, I always look for the most big-gain potential. That’s why I’ve focused much of my time as a trader on two sections of the market—the technology sector and penny stocks.
And I want you to have the opportunity to trade and invest in these areas as well, but first you need to know WHY I like the benefits of both.
Let’s start with technology stocks…
While any type of security has a chance to skyrocket, tech stocks have the most legitimate shot at becoming a skyrocketing stock in virtually no time.
It’s quite apparent if you think about it…we live in the golden age of technology, and innovation is prevalent seemingly everywhere. This means that, in theory, any technology company has the potential to become a household name overnight.
Of course these companies come with no guarantee of becoming huge successes, and a new invention can always be replaced by an even newer one, but we have the ability to buy stocks quickly and move in and out of positions.
So we can ride the big-time winners when they’re winning, and bail on them when they aren’t making us money.
I also like to keep my attention on penny stocks.
That’s because I get ‘lottery-ticket’ stocks with certain penny stocks. A normal stock that may be priced at $50 needs to climb $50 more to double my money. BUT, a penny stock priced at $2 only needs to jump up a couple of bucks to do the same!
And that’s just the beginning…
It’s not uncommon for penny stocks to go from $1 to $10, which is a 1,000% climb!
In both tech stocks and penny stocks, the potential for big winners is constantly there.
