Hoard Hoard Hoard.... NOT!!! And this is why...

This is why I believe hoarding is a really bad idea.

1)Every serious business advice I have read on scrap and related businesses highly recommends to turn and burn your stuff.
Money in the pocket is always better than money tied up somewhere.
2) You will have a cluster f%%% of a mess if you start piling stuff. Unless you have a really big place that allows you to efficiently store stuff you create a monster that will eat your productivity away. TIME IS MONEY! Don't waste either.
3) You have NO IDEA where prices are heading. And if you want a real scary bit of information. Check out investmentmine.com. Check the commodities prices for the last 26 years. You will see that until around 2005-2006 prices were stagnant for a LONG time. Then China went all crazy and prices ballooned. Actually today's ****ty prices are generally still HIGHER than they were before the boom. I do not expect any increase for YEARS unless we get another fake boom. Then temporarily it might go back up.

I personally make 97% or more on better than scrap. Resell, repurpose whatever. I actually give my shred away right now as it takes me almost an hour to go through the local SIMS stupid procedures for a $25-30 scrap load.



I do actually stockpile (sounds so much better than hoarding) my copper and copper wire for these reasons. I only get 30-50 bucks worth a week. So if I turn it in it makes no difference in my wallet. It takes up very little space, so I will stockpile it. In one year I will have app. $2,000 saved up at current prices. Now THAT makes a difference when I cash it in. If the prices drop another 40% the $1200 will still make a difference for me. And maybe I get lucky and prices go up. But I don't count on it.
I literally call those tubs my piggy banks.

Aluminum, stainless and other bulky stuff I have the scrapper I give my shred to turn in for me. He gets a cut and we are both happy.

Hoarding almost never makes sense. There may be a few exceptions, but I would not do it.|
Keep you space neat and clean. There is always more stuff out there.