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As tuition costs rise and students shoulder staggering debts in order to pursue a post-secondary education that will set them up for the new economy, the conversation surrounding college planning is evolving. Parents are looking for ways to ensure their kids are supported and teenagers are starting to develop plans to set their own savings aside.
Whether you like it or not, a good credit score is essential. Your credit score factors into everything from insurance rates, to whether you get the job you applied for. A good credit score is also needed to buy a house, obtain cell phone service, rent an apartment, and buy a car.
Stock buying can be risky, even if you’re purchasing the stock of a reputable, established company. While market dips are fairly typical with any stock, most established companies can rebound nicely from any unexpected drop in the market.
So, what about penny stocks? Is there really an opportunity to make a lot of money on stocks that typically trade below $5 per share?