Do you think it would be worth it to invest in coal? Fossil fuel supplies are getting lower and lower, and eventually coal will become a luxury. It is not stable at the moment, but it would make sense if it rised in the long-term. You'd have to be able to store many tons of coal to make it worth investing in, however. Your thoughts on coal and investing?
I think coal is something you would need tons of to make a decent profit off of, so inturn you'd either have to already possess or buy the trucks and land to store the coal on until you sold it. So, unless your a major operation I don't see it being a financially viable operation for individuals.
If you lived in an area with cold winters, and can buy coal in bulk, it might not be a bad idea to convert your heat to coal and stockpile some coal. Especially if you're dependent on oil or gas. Can't say I'd consider it an investment otherwise, though I know some people like to speculate on the commodities exchange (I wouldn't touch anything on the commodities exchange, personally).
Very strange idea for an investment. Coal might be suitable for short-term investment... might be for a few months... but then again you will need plenty of storage space. Also you need to make sure that all the safety precautions are followedwhile storing such a huge amount of it.
