Even though some penny stocks have multi-bagger potential, they’re incredibly risky. The companies behind them typically haven’t had much experience in the marketplace. However, well-known companies may also fall under this category if their shares have plummeted. With proper due diligence and diversification, penny stocks could add a lot of value to your portfolios. Penny…

In a development that’s a mixture of encouraging and unnerving, the novel coronavirus pandemic and the resultant lockdown measures helped push people to the financial markets. That was a positive, particularly from the perspective of financial advisors who bemoaned that younger folks didn’t invest as much as they should for the future. But during this…