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What type of investor should consider purchasing “Penny Shares”?

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What type of investor should consider purchasing “Penny Shares”?

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“Penny Shares” pose a greater risk to an investor than those in larger companies and, as a result, no-one should consider trading in them unless: • they can afford and are prepared to lose all of the money they invest in “Penny Shares” • they have experience dealing in stocks and shares • they already have a share portfolio • they have less than 20% of their share portfolio invested in speculative shares • they own their own home • they have at least 3 months expenses on deposit in their bank or building society • they have made adequate provision for their retirement.

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