Iron ore price, page-38677

Firstly, I wasn’t attacking your position, just giving you my perspective. My bad if it came across that way. Secondly, if no one can predict the iron ore price then logically the best time to buy an iron ore miner would be when the dividend yield is highest because it would offer the max margin of error. If you can’t predict the price of iron ore then you have no information advantage or edge anyway. Thirdly, I’m down about 15% but the Div, which strangely hasn’t hit my account yet, will cover maybe 8% of that downside. I realised I wanted in on fmg when it was around $23 or so. This latest sell off has just given me a chance to double down into a quality company with incredible yield and demonstrated business model at a time when the world still needs iron ore, fur all the reasons I have said before but are beyond scope of this email. Good luck with your investing. Long or short, I don’t care, it’s what makes a market after all…

not providing investment advice. Dyor, etc etc…