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Originally Posted by CustomBusinessSoftware
i invested in indian stocks but i mostly lost money.
so i wanted to know is investing in penny stocks is always loosing money or is there a way to select right penny stocks.
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Forget random penny stocks and stick with index funds. The history is well proven and they are quite "safe."
I like SPY related products. I also have a portfolio of dividend stocks based on an idea I had, but realistically SPY performs better than my dividend portfolio and it's got the history to back it up.
Overall, your business will always give you the best returns (assuming you are at least halfway decent at it,) but it's a good idea to peel off a little bit of that money and stick in outside investments (like stocks, real estate, whatever) for a little diversification. Though again, focus on your own business... that's where the real returns are.