Posted 07/28/2011 01:11 am
No metal is a good investment. Copper, especially, is hard to scale.
Let's say copper triples in three years, so after all expenses, you can double your money. Great, how much did you have? $100,000? $10,000? $1000? You made $1 a day, hope it was worth the effort!
Can you find $100 a week in copper cents? Do it really right and you can clear $50. A week. Still not retirement, but 7 times as good as buy-and-hold.
Let's say copper triples in three years, so after all expenses, you can double your money. Great, how much did you have? $100,000? $10,000? $1000? You made $1 a day, hope it was worth the effort!
Can you find $100 a week in copper cents? Do it really right and you can clear $50. A week. Still not retirement, but 7 times as good as buy-and-hold.
