There is serious draw down in the stock market from last few years, but still there is some hope in the market due to some successful Penny stock. If you only invest in traditional stock, it may take years to get decent gain. If you want to recover your account you can consider buying penny stocks. You should not put all your money into penny stocks, but you can diversify your portfolio to manage the risk. A penny stock is any stock that has priced under dollar five. They may be of some big companies that have going through hard times
One of the big advantage of penny stocks is that they have chance to go up very quickly, you can earn lot of money very fast if you plan your strategy well like guessing the right time to buy such stock and of course when to sell it. So even if you add small portion of penny stock into your portfolio, they have potential to give big boost to your account.
But the important point is how to pick right penny stocks, one way would be subscribe to a newsletter of penny stocks. There are many options available on the internet and they do all the research work to find good and worth investing penny stocks for you. Try to find some reputed penny stock newsletter service that can provide you valuable information. Good penny stock newsletters never disappoint you, because they take lot of time to research each and every pick. They send you informative emails regularly. So that you remain updated how to meet sell target. You need current information of the market to cut your losses and move on with big profits. Penny stocks move up very fast, so you need to be quick in decision making.