A Guide to High-Yield, High-Risk Stocks
The classic image of the stock market is that of a place where
fortunes are made and lost throughout the course of the day, and
where those who take the biggest risks are rewarded by a hefty
payout when all is said and done. Of course, this is the movie
version of the market... no matter how thrilling the day-to-day
dramas of investment trading become, they'll never compete with
the images of the stock market that have been created for the
silver screen.
There is a small grain of truth to those images from the movies,
however... those individuals who choose to deal in high-risk
stocks can make a lot of money if they handle the risks
correctly. If they don't, however, then there's a good chance
that they could lose their entire investment.
Below you'll find more information on the world of high-risk
(and high-yield) investments, including ways to help insure
yourself against major losses when dealing with higher levels of
investment risk.
Defining High-Risk Investments
The first thing that needs to be covered when talking about
investing in high-yield, high-risk stocks is exactly what is
meant by the terms "high-risk" and "high-yield." The risk of the
investment is usually due to the very fickle nature of that
particular stock... though it may be growing in value rather
quickly, it's obvious that the growth is going to stop soon and
a very rapid and severe descent is going to begin.
The yield of the investment, on the other hand, refers to the
money that could potentially be made by buying stocks early on
in the increase in price, and then selling just before the value
starts to plummet. Fortunes have been both made and lost
(sometimes in the same day) with high-risk trading; the key is
knowing exactly when to start buying or selling.
How to Trade High-Risk Stocks
When trading high-risk stocks, it's almost essential that you
have access to your brokerage account and that you'll be able to
buy or sell shares as soon as the price begins to fluctuate in
one direction or the other. This can be done online, via the
telephone, or in person if you don't use an online brokerage
firm.
You can also usually set up hold orders which will start buying
the stock when the price reaches a certain level (up to the
amount that you've specified) and that will begin selling shares
as soon as the price drops below a certain point. Many online
brokers allow these types of hold orders, and they can allow you
to go about your regular day without having to watch the market
ticker the entire time.
Guarding Against Loss
Of course, even with hold orders or a dedicated broker you can
still end up losing money when dealing with high-risk stocks...
that's how they earned their name. In order to minimize this
potential for loss it's important to have a well-diversified
stock portfolio to fall back on.
If your high-risk investments begin to fall in price too quickly
and you end up losing money by the time the shares have been
sold, the relatively stable value of some of your core portfolio
stocks and indexes will help to even out your losses.
The fall of the higher-risk stocks might even stimulate some
other portions of the market, causing an increase in other
stocks in your portfolio. This will help take some of the sting
out of your loss, and may end up giving you a greater long-term
gain than you might have had from your short-term investment
that went sour.
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