Is buying penny stocks ever a good idea?
By Felix Salmon
The simple and sensible way to participate in the stock market is probably just to sign up for an account at Betterment, or a similar robo-advisor. If you want to take on more risk, you can dial up the risk and your stock exposure; if you feel like you’re investing money you can’t afford to lose, then you can be more conservative. Then, just set it and forget it. It’s not exciting, it won’t make you a billionaire, and you won’t learn very much about the stock market in the process. But it will help you get rich slowly.