RE:RE:RE:RE:RE:RE:RE:4 sureEver wonder "How the Rich get Richer and the Poor Get Poorer" ?
It's through the stockmarket... money made comes from someone buying your shares after you bought them at a lower price sometime in the past. The rich tend to pick up shares in over-looked sectors which they see as having big potential in the future and they wait until that future comes about, if the SP drops after they buy then they add a little more to their positions.
The poor on the other hand tend to like to chase a stock that is already high or about to peak and turn downward and then they opt to sell at a loss. They also tend to go "all in" which leaves them little room to average down if the SP should pull back further. Even if they wait it out awhile they tend to sell below their cost or at a break-even so they never get ahead. The odd time they are on a winner they sell all their shares at one time rather than piece-meal them out slowly in order to maximize profits while limiting their risk exposure.
Quick example... how many average Joes dumped all their airline stocks during Covid ? How many patient folks with a willingness to hold long-term bought those shares? Profits for those who bought at the bottom until now is 100's of percentage points. Even those who piece-mealed out shares on the upward trend for airline stocks pulled in a great deal more than they would of if they had not invested.
Copper is needed to support the Electric Vehicle market as well as upgrades to the power grid and green energy projects. NCU is located within the US, there are government polices in place that also favor US based mines. There are not many copper mines in the US, NCU is one of them.
Just try not to put money in that you can't live without for a long time and be patient.
dyodd