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Hoarding

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    Geiser093's Avatar
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    I myself do not hoard anything. I accumulate what I can and take it to the yards about once or twice a week. I am not as established as some of the members an the forum so I use that money to grow my business. I feel that continuing to find new sources is a better use of capital. Now if I had a steady stream of stuff to process and didn't need the money it would be different.

    For example.

    100 pounds of copper. @ $3.25 = $325.00
    @ $2.60 = $260.00
    @ $2.40 = $240.00

    The difference between $3.25 and $2.40 is $85.00.



    IMO even if I only get $240.00 that cash can be used to grow my business. Run small print ads, print more flyers, pay kids to drop flyers in doors. One good hit on an ad or flyer and the $85.00 will more than be made up for. I don't have deep pockets so I need to find the best use of my materials and hoarding right now isn't a good fit for my size.

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