MIN 0.15% $74.99 mineral resources limited

You forgot the number one rule of buying stocks in mining, buy...

  1. 140 Posts.
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    You forgot the number one rule of buying stocks in mining, buy when there is blood on the streets even if it is your own. That’s how the real money is made. You’d be a fool if you didn’t understand that mining is a cyclical business meaning that there will be good times and equally there will be bad times. You buy when times are bad and you sell and get out when times are good bordering on euphoric. If you don’t understand the foregoing, then you should not be buying individual mining stocks let alone volatile ones and you should just stick with plain old broad market index funds. But please don’t be that fool that turns up last at the party only to hand your money over to the pros as they walk out the door before then roof falls in.
    Last edited by Tiptepper1: 11/02/24
 
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