TSXV up over 120% since March

The Toronto Venture Exchange (TSXV) has rocketed upwards of 120% since March 2020. A savvy investor with stocks from the TSXV will be seeing lots of green.

This is a bull-run and now is a great time to jump in. It was not too long ago when we noticed this uptrend.

The 1 month increase from July 5th to August 6th was 16.11%, which is also a fantastic return. This is almost double the typical large cap index (S&P 500, for example).

For an investor interested in portfolio diversification, exposure to microcaps is a good way to do so. With the TSXV being a premier microcap exchange, an investor with stocks in this exchange may consider allocating a greater amount here. This is something one would need to discuss with ones advisor, and will vary greatly based on who one is, what the goals are, the risk tolerance, and other factors.

Others may see this as an option while exploring ideas like cryptocurrency, forex, etc. For those young enough to take the risk, it is indeed undeniable that penny stocks are a high risk high return endeavour, and certainly stocks in their earlier stage are much more likely to get many 100% returns. This is a phenomenal return, and comes with significant risk, but when one has that in their portfolio, they are ahead of their peers and closer to a better retirement.

Head over to our research section to see a stock that has beaten this 1 month performance by over 3x.