Greg Beckett’s stock picks for the Richmond Club Index have averaged 20.4% per year since inception, 14 years ago
With five properties across some of Canada’s most coveted mining jurisdictions, Generation Mining Limited (Generation Mining) is a mineral exploration and development company with a unique proposition for potential investors.
XORTX Therapeutics Inc. is a biopharmaceutical company focused on developing innovative therapies to treat progressive kidney disease.
Boardwalktech was the first company to develop a now patented positional cell data management technology and the first to deliver a digital ledger database designed specifically for collaboration.
PreveCeutical is a health sciences company that focuses on developing leading-edge options for therapies in diabetes, obesity, pain management, cancer and neurological disorders.
Richmond Club Investing Strategy
Since small-cap companies are volatile, Greg Beckett CIM, FCSI recommends the following:
- Buy a portfolio of 5-20 Richmond Club companies. To reduce risk and portfolio volatility, these stocks should be from three or more different sectors such as: healthcare, mining, oil & gas, software, technology, manufacturing, etc.
- Hold them for 1-5 years,
- Equally weight each stock in your portfolio by investing the same amount in each company,
- Rebalance your portfolio every 6-12 months. Rebalancing to maintain an equal weighting of each stock is a non-emotional discipline which forces you to “sell high and buy low”
- Consult your Investment Advisor before buying any stock.
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