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Investing in stocks can be a fantastic way to build long-term wealth, but it can quickly become expensive. Tesla (NASDAQ: TSLA), for example, is currently priced at over $1,200 per share, and it’s recommended to invest in at least 15 to 20 different stocks for a well-balanced portfolio. If you don’t have that much money to shell out, it can be tempting to invest in penny stocks.
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