How to Invest $1000 Dollars in Penny Stocks

The three best penny stocks to buy right now and how I find them along with a $1000 strategy for investing in small-cap stocks. Don’t miss out on potentially triple-digit returns in the top penny stocks.

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There is no better investment for potential returns than penny stocks. I’ve recommended small cap stocks on the channel that have jumped 50% and 100% in a matter of months and that’s only the beginning of what’s possible with penny stock investing.

But how do you find the best penny stocks to buy? How do you find the best investments for $1000 dollars in penny stocks?

In this video, I’ll show you how I screen for penny stocks to narrow the list from thousands to a handful. Then I’ll share three measures I use to pick penny stocks for your portfolio. Finally, I’ll use this exact process to pick three top penny stocks to watch.

You absolutely have to do your homework when investing in penny stocks. These things are volatile like no other and finding the right ones means looking at the financials. I start by looking for companies that are on a good trend in profitability and are good buys on a technical basis.

That makes them solid short-term investments but for those truly good bets, I also look for penny stocks with a competitive advantage and the financials to survive the tough times. I’ll walk you through this process with a strategy for short-term penny stock trading as well as a longer-term strategy.

2:00 How to Pick Penny Stocks to Buy
5:30 How to Invest $1000 Dollars in Penny Stocks
6:40 Two Strategies for Penny Stock Investing
7:15 Three Penny Stocks to Buy Now

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#pennystocks #daytrading #trading


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