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Investing in undiscovered, rapidly growing companies has great appeal due to the potential of exponential returns. Wall Street is inundated with stories about investors who have reaped extraordinary returns buying stock in great companies that were yet to be discovered, and riding the wave to fortunes.
But this is a difficult and risky style of investing, as more often than not small companies falter and never produce the kind of growth that is expected of them. This type of investing is not for everyone.
In order to be successful in this higher risk/reward environment, investors must have a strong understanding of Wall Street and fully analyze and understand the type and level of risk they would be taking. |
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Stocks rise following gain in durable goods orders (AP)
Wed, 27 Aug 2008 21:35:16 GMT |
AP - Wall Street posted a sizable advance Wednesday after the government reported a larger-than-expected increase in orders for big-ticket manufactured goods that indicated the economy could be stronger than some investors thought. |
SEC proposes international accounting plan (AP)
Wed, 27 Aug 2008 20:35:40 GMT |
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AP - Federal regulators on Wednesday proposed a plan to allow public companies to begin using international accounting standards for reporting financial results in two years, and may require them to do so starting in 2014. |
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