5 Penny Stocks to Watch in 2019

To earn money trading penny stocks, you must make smart decisions about which companies to invest in. The goal is to maximize your profits while minimizing your risk. This means looking for companies that are profitable and have strong business plans. With this in mind, here are five penny stock to watch in 2019.

Entravision Communications Co. (NYSE: EVC)

This California-based media company targets Hispanic audiences in the United States. It currently owns nearly 60 Spanish-language television stations and 48 radio stations in major Hispanic markets. The company strategically broadcasts in some of the fastest-growing Spanish regions, such as in California and Texas.

Why should you care? Entravision caters to a Latino population in the U.S. that’s growing rapidly. Currently, the Hispanic population in this country is 58.9 million, and it’s projected to reach 111 million by 2060. You can only expect Entravision to experience similar growth as its audience expands.

Container Store Group Inc. (NYSE: TCS)

The Container Store Group sells storage and organization products both in retail and online. Its retail side has expanded rapidly in the past couple of years, launching 80 new stores in the United States. This has helped the company experience 277 percent net income and 7 percent revenue growth during that time. The Container Store Group is making other smart financial moves, as well, such as paying off its debt. If you’re looking for penny stocks in a company that makes sound business decisions, look no further.

RiceBran Technologies (NYSE: RIBT) 

This small food-processing company develops and brings to market products made of rice bran for both human and animal consumption. As a global leader in rice-bran-derived products, it has reported consistent revenue gains. The company is also continuing to expand, having recently announced the purchase of Golden Ridge Rice Mills‘ facility in Arkansas, which is expected to add $20 million in sales. RiceBran Technologies has also bolstered its sales and certification team.

Central European Media Enterprises Ltd. (NYSE: CETV)

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Image via Flickr by Katherine Ridgley

This media and entertainment company in Central and Eastern Europe broadcasts to an audience of 40 million via 29 television stations. Warner Media bought into it in 2009 and has continued to increase its ownership percentage over the years — a good sign to potential investors. In the last four years alone, Central European Media Enterprises’ income has increased by 121 percent and shows no indications of slowing. Meanwhile, the company is working to reduce its debt

CorMedix Inc. (NYSE: CRMD)

This biotech company develops and brings to market pharmaceutical products and medical devices. It has several new products in development that could continue to boost its growth. One that investors should be excited about is Neutrolin, a medical device designed to prevent catheter-related bloodstream infections. The device is currently undergoing clinical trials for FDA approval. If this product makes it to market, stock values could rise significantly. Furthermore, the company currently has no debt.

If you’re looking for exciting penny stocks that have more potential upside than down, keep an eye on these five as they continue to experience growth and development.

Why You Shouldn’t Wait to Start Saving for Retirement

During your twenties, everyone has some kind of advice they want to impart upon you. Whether it’s “live in the moment!” or “find a job you love,” those older and wiser seem to have a million tidbits of knowledge they want to share.

However, one thing many adults don’t stress to recent college grads is the importance of saving for retirement right away. Although living in the moment and focusing on your passions is important, many twenty-somethings miss out on the opportunity to build wealth with very little effort.

Compound Interest Is an Amazing Thing

Many people don’t want to save for retirement soon because they don’t know how the process works. They hear phrases like “compound interest” and “IRA” float around, but they don’t truly understand what they mean until they’re older.

As soon as I began to understand the massive impact of compound interest, I felt like I had no choice but to start saving aggressively. Think about it this way: a 25-year-old who puts away $5,000 one time and never saves again will have more money saved after 40 years than someone who waits ten years and then saves $500 per year for the next 30 years. Just think about how much wealth we could all accumulate by the time we’re middle-aged if we all started saving aggressively while we’re young!

Investing Takes Time to Learn

Ask many twenty-year-olds when they start planning to save for retirement and they’ll say “later.” The problem with this answer is that it not only puts you behind in your goals, but means you’ll have to save even more later to make up for it. No one can become an expert at saving and investing overnight, which means your profits will most certainly be delayed even after you start saving.

When I started saving in my early twenties, the process of learning to invest my IRA contributions overwhelmed me. I spent hours researching the best tactics and made several bad choices before I began to see any growth. That’s why I’d recommend that any college grads (and even college students) start to build a retirement fund way in advance. This gives them wiggle room to learn and make mistakes before they really need to sock away large amounts of money.

Social Security Isn’t a Guaranteed Benefit in Our Future

Although Social Security payments might seem like a given, the Social Security Act was only created in the 1930s. According to some experts, it has grown past its original intent, and although it may be there to support this current generation in their retirement, it’s not a guarantee. Many things can change in the next 50 years, so everyone needs to have their own backup plan for retirement that doesn’t rely on help from the government.

The Bottom Line

Unlike some people, I fortunately didn’t wait until I was very old to start saving. Still, I wish someone had told me to start saving as soon as I possibly could. This would help me reap more benefits and feel totally secure in my ability to retire on my own terms someday. The median retirement savings for most Americans in their 30s is only $45,000. By just starting to save five or ten years earlier, you could make a staggering difference in your savings. Don’t regret your choices like me; instead, open your IRA or 401K today and start preparing for your future.

The Prominence of Truck Accident Lawyers

With the increase in the number of vehicles brought on the road, day by day, the amount of accidents has also seen growth. As much as the smaller vehicles are collided due to ignorance, larger vehicles like commercial truck ought to harm a lot more. Many occurrences have been seen where the heavy road transportations or trucks have had accidents with smaller vehicles that led to injuries, traumas and in a few cases death too. In times as such the family of the victim and the victim himself go through a rough patch of time. It can be a traumatic time both mentally and financially, therefore, personal injury lawyers are an option that can avail a little help to them.

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According to an expert Austin truck accident lawyer, commercial trucks are the most unsafe vehicles that are likely to cause a lot more damage than any other road transportation mode. Every day, more than a hundred trucks enter the city for commercial purposes and some of them get involved in the accidents too.There are many reasons that contribute to such accidents, given below are few of them that have found to be the most prominent and common ones

  • Ignorance of the driver
  • Fatigue
  • Distractions
  • Inexperience
  • Road conditions
  • Weather conditions
  • Alcohol or drugs

Any of the above-mentioned criteria can be the reason for the accident. The list is long but what matters the most is how to get the compensation the victim deserves to have. An expert attorney is all you need by your side to get through this.

For sure it is a tough time to handle for a family but consulting an expert attorney is a very helpful option in this time of distress. Think of the expensive bills that fall on the victim who is already in a tough situation. Accidents have the power to drastically change the conditions of a family. All someone needs through this time is moral support and instead, what reaches them is a huge lump of bills. An experienced Austin truck accident lawyer says that at times as such it is wise to seek expertise to at least help you get some monetary compensation that may support you to pay your bills. It is hard to get compensation in truck accident cases on your own. Hence, it is advisable to seek a skilled attorney to fight for your justice on your behalf.

If you are or a near one is a victim of such tragedy then our hearts go out to you and in this tough time, it would be advisable for you to hire a skilled lawyer that will help you loosen up some of your worries to an extent. Lawyers in this field have a thorough knowledge and experience through which they can work for the betterment of your conditions financially. They will get you the justice and compensation you are entitled to get which you might not get on your own. Contact your nearest attorney now.

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