For eight consecutive years, Mexico has been named the world’s top silver producing country. It is also home to Canadian exploration and development company MAG Silver’s principal asset, Juanicipio Property in Zacatecas, Mexico.
Nova Leap is focused on providing non-medical services including dementia care, companionship, personal care, transportation and medication reminders for the elderly. The company has enjoyed eight consecutive quarters of double-digit growth.
In a matter of three years, Canadian tech company, VOTI Detection Inc. went from deploying 150 next-generation x-ray scanners for a handful of customers to more than 2,000 machines across 50 countries worldwide.
XORTX is a biopharmaceutical company focused on developing innovative therapies to treat progressive kidney disease due to diabetes, diabetic nephropathy and polycystic kidney disease.
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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