This is no means advice. It is just my thoughts and a strategy I use.
Most ASX silver stocks are junior explorers. Very speculative, high risk and potentially high return. I set aside part of my portfolio for investing in them and for each stock I have a max amount I'm willing to put in (approx 2% of my share portfolio). I spread the amount I've allocated to silver across these silver stocks. ARD for one but also IVR, RIM, AZS, SVL and a few other gold juniors with some silver exposure.
I see ARD and the other ASX silver stocks largely as optionality plays on the price of silver. If silver get to $25 we should be doing well, if it gets to $50 or above then retiring early becomes more of a reality However there is also company specific risk factors which is why I personally aren't heavily invested in any one company. It limits my upside to some degree but also limits the downside.
I also hold silver bullion.
I'm also in quite a few gold explorers and gold mid-tier producers along with other commodity stocks.
All the best with your investing.
ARD Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
However there is also company specific risk factors which is why I personally aren't heavily invested in any one company. It limits my upside to some degree but also limits the downside.
