Invest in what you know. I am not wealthy by any means but aluminum, steel, and carbide have treated me well.
“Invest in what you know.” yep, as per Mr. Peter Lynch formerly of Magellan Fund at Fidelity
“I am not wealthy by any means but aluminum, steel, and carbide have treated me well.”
for me it’s oil ... i bought into Shell big time for the dividend back during the covid crash when ALL stocks got thrown away for no good reason ... oil stocks were the babies in the bathwater ... shell was about 1/3 price from before the crash and selling for less than book value ... it’s one i had been studying for quite a while and that was the one and only perfect time to buy it ... my investment is yielding about a 7% dividend return in the 2nd biggest corporation in the world, and the stock price has nearly tripled
the world will always need industrial commodities and they all have built-in scarcity ...