Cashing in, is only a matter of time.

**TheRecycler** · 02-15-2015, 03:30 PM

F350, you freakin got it and you nailed it. What poor folks don't do is think like the rich, which is their biggest mistake. Rich folks can afford to drop a cool million on a certain stock when the market is struggling because they understand it is a bull market. Why it's called a bull market, let me explain, when you release a wild bull from its pen, what does it do, that's right, it goes up and down repeatedly. Copper prices will come back, I don't care if it takes 5 years and because I can afford to store it, I will be cashing in on it.

Originally Posted by F350scrapper

TheRecycler- Im with you Ive got the space to store and hold my copper. I see some of the biggest losses in my compressors when dealing with the industrial 100 pounders at current pricing im losing 8 dollars a piece plus the loss on the radiators. It all comes down to cash flow and space if you dont need the money right away and have the space why not hold it?

**Scrappah** · 02-27-2015, 04:12 PM

Originally Posted by TheRecycler

F350, you freakin got it and you nailed it. What poor folks don't do is think like the rich, which is their biggest mistake. Rich folks can afford to drop a cool million on a certain stock when the market is struggling because they understand it is a bull market. Why it's called a bull market, let me explain, when you release a wild bull from its pen, what does it do, that's right, it goes up and down repeatedly. Copper prices will come back, I don't care if it takes 5 years and because I can afford to store it, I will be cashing in on it.

You should do what you think is best.

The market is driven by two forces. They are fear and greed. Greed is symbolized by the bull. He charges forward. Fear is represented by the bear. The bear is cautious.

Thus ... you have what are called bear and bull markets.

Most of the rich folks that i know of live on the dividends from their investments. Their money is kept busy working for them.

Look at it this way .... you have a certain amount of time & energy invested in your copper. That's your money. Right now, it's just sitting there not doing anything. It's not being kept busy working for you.

There's nothing wrong with this but you're not factoring in currency inflation. Five years down the line they might be paying twice what they are today but the currency might only have half the purchasing power. The end result would be that you would be no further ahead than if you sold it right now.