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Is it just me

| A Day in the Life of a Scrapper

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  1. #1
    mikeinreco started this thread.
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    I just have to do the math....slowly go broke over next several years or get out now....will be interesting....if I thought I had enuff to retire I would but I'm sure what $$$ I have will burn fast


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    hills is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by mikeinreco View Post
    I just have to do the math....slowly go broke over next several years or get out now....will be interesting....if I thought I had enuff to retire I would but I'm sure what $$$ I have will burn fast
    I can relate Mike. Was going through the same thing about six or seven years ago. Do you stay the course as a self employed person -or- return to the workforce ? I agonized over it for a couple of years and gradually worked my way back into working for somebody else. It takes time to make the mental adjustment. It can be painful. Self employed and working for somebody else are two completely different mindsets.

    It's even harder these days with the economy being what it is. It's not just gas. The cost of everything you buy is going up like crazy. I really liked my last job but i had to move on to a new job a couple of months ago. It's a lot more work and a lot more responsibility but .... it should double my yearly take home pay if it all turns out as planned. I think i'm gonna need that doubling of income just to stay even.

    Even that may not be enough if the economy keeps going Southbound. We may get another economic crisis like we had back in the 1970's & early 80's.

    I can remember gasoline being 25 cents a gallon back when i was a kid. There have been a lot of changes over the years. A dollar sure doesn't buy what it used to.
    Last edited by hills; 07-07-2022 at 03:37 AM.

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    greytruck's Avatar
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    Quote Originally Posted by mikeinreco View Post
    I just have to do the math....slowly go broke over next several years or get out now....will be interesting....if I thought I had enuff to retire I would but I'm sure what $$$ I have will burn fast
    Everytime gas goes up or scrap drops i try to figure out a new game plan to do this a make some profit or break even but once i get a idea the price for gas goes up or scrap drops again. im thinking of cleaning shop and selling everything cause if it gets worse (witch it most likely will), i dont want to lose my contacts and have room to store stuff. Ive worked too hard to lose the jim the car guy, the plumbers, and the hvac shop. But it seem the techs are keeping more of the copper and brass scrap and giving me the steel. But i figure they will stop once they see how bad prices are getting. But i can store the water heaters and hvac tin for a bit or just sell it at pretty much nothing and take a hit for a year or so and keep the good stuff. I really dont want to sell copper if its under $2/lb or brass under 1.00/lb. i dont know, its getting harder to stay motivated. Mabey ill do this more for fun and not be so professional about it.

    I also thought of getting a real job too, but i was thinking of being a laborer for the plumbers or hvac company i get stuff from since i know both the owners. IDK

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