BUY Conviction3/5 Analysis quality60/100 now
The YouTuber uses the iShares Microcap ETF (IWC) as a proxy for penny stocks, noting its 16% annualized return. He suggests that while the ETF offers a good return, the real power lies in identifying individual microcap companies with high growth potential and holding them for 3-5 years like a venture capitalist.
“i'm going to be using the ishares microcap etf that's ticker iwc a fund holding the thousand smallest companies in the russell 3000 index as a proxy here for those penny stocks It's got a 16 annualized return and a thousand dollar monthly investment would make you a millionaire in just 17 years”