The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Investing

Kerry Stevenson: Ready to Invest After Cashing Out (Gold, Biotech and More)

by July 24, 2024
July 24, 2024
Kerry Stevenson: Ready to Invest After Cashing Out (Gold, Biotech and More)

‘I actually cashed in the whole portfolio aside from one coal stock … and two gold stocks,’ she said on the sidelines of the Rule Symposium. ‘I’ve been sitting in cash up until about two and a half weeks ago, when I’ve come back in with quite big licks on four stocks, and I’ve still got some cash where I’m looking at some of the small caps.’

One gold stock Stevenson is ‘very happy’ with is Spartan Resources (ASX:SPR,OTC Pink:GYYSF), formerly Gascoyne Resources, which she said has undergone a turnaround since Managing Director Simon Lawson took the helm.

She’s also looking outside the resource sector at biotech — Argenica Therapeutics (ASX:AGN) is a stock she likes in that sector. It’s developing novel neuroprotective therapeutics to reduce brain damage for people who have had strokes.

Stevenson also discussed trends in Australia’s resource sector and why investor education is so important to her.

‘If you’re not investing your money, you’re going backwards. Because inflation is here to stay, and no matter which way you look at it, if you’re not trying to get ahead of the inflationary curve, you’re going backwards,’ she said.

Watch the interview above for more from Stevenson on what she’s doing with her money.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Kamala Harris hit with articles of impeachment over border crisis, ‘misleading’ people on Biden
next post
Joe Cavatoni: Gold’s Next Price Catalyst After Record H1 Performance

You may also like

First Helium Announces Private Placement

Appia Signs MOU to Option Elliot Lake Property

PROSPECT RIDGE ANNOUNCES SUCCESSFUL COMPLETION OF COPPER RIDGE...

SOURCE ROCK ROYALTIES ANNOUNCES Q1 2024 RESULTS INCLUDING...

Lode Gold Strengthens Board of Spin Co Gold...

Antler Gold: Strategic Project Generation in Africa’s Rare...

Siren Gold Signs Marketing and Sales Agency Agreement

Element79 Gold Corp Receives Exploration Permit for Lucero...

Panelists: Hard Assets Key as Geopolitical Shifts Reshape...

SNX to Follow up 1270 g/t Silver Intercept...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Sycamore Gap: Two men convicted of felling one of UK’s most famous...

    • Putin, Xi and friendly world leaders celebrate Russia’s Victory Day at Moscow Parade

    • Ellen Miles is planting seeds of hope through guerrilla gardening

    • US Policy Momentum, Clinical Progress Fueling Psychedelics Market in 2025

    • China has spent billions developing military tech. Conflict between India and Pakistan could be its first major test

    Categories

    • Business (1,633)
    • Investing (4,791)
    • Politics (7,535)
    • World (6,128)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top