Extra Money in Penny Stocks?
Hi Terry, I am 59 years old I retired in December of 2019 1year ago. I have a pension I was in deferred pension with Nationwide 36years with Cook County. I want to know about investing on my own I have heard about penny stocks
would this be a good investment, I am making money with my Nationwide but that is my cushion, what can I invest in
I really don’t want to get a part time job right away, any ideas Thanks
Terry Says
Penny stocks would not be an “investment” but a wild speculation! Something with worse odds than a trip to Las Vegas! The whole idea of these deferred retirement accounts is so silly people won’t blow their entire retirement in one shot!
The actuarial statistics say that you will live another 30 years. YOu are too young to completely retire!! Get that part-time job now, if you can, and enjoy the other part of your life in your time off!