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Making More Money Now Than When I was Working Full Time - On Topic
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<blockquote data-quote="olroadbeech" data-source="post: 2806874" data-attributes="member: 52145"><p>arbitrage can pay 200-300-400 percent or more in the classified market. </p><p></p><p>all you have to do is buy used things "off season" and then sell them during their season when everyone is buying.</p><p></p><p>for example. buy lawn mowers, air conditioners , power yard tools , and other summer items in the winter. Clean them up, tune them up , and then have them ready for the summer crowd.</p><p></p><p>winter items same way. around here generators are like gold during the many power outages we have up in the mountains for just one example.</p><p></p><p>when everyone else is buying , you're selling and when everyone else is selling. you're buying. Warren Buffet does this with stocks. The richest families in America did this during market panics. You can also do this on a smaller scale.</p><p></p><p>all it takes is a good eye for a deal, patience, and a little elbow grease , and you can make a small fortune. If I can't make at least 300 % on an item , I don't buy it. We average 400% or more. Our best deals give us 800-1000% profits. Our record is 1700%. That right. we made 17 times our money selling one item. This is not small stuff. I'll buy something for $100 and fix it up in about half a day and resell it for $800-1000 for an example.</p><p></p><p>arbitrage.....it's what makes the world go round.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 2806874, member: 52145"] arbitrage can pay 200-300-400 percent or more in the classified market. all you have to do is buy used things "off season" and then sell them during their season when everyone is buying. for example. buy lawn mowers, air conditioners , power yard tools , and other summer items in the winter. Clean them up, tune them up , and then have them ready for the summer crowd. winter items same way. around here generators are like gold during the many power outages we have up in the mountains for just one example. when everyone else is buying , you're selling and when everyone else is selling. you're buying. Warren Buffet does this with stocks. The richest families in America did this during market panics. You can also do this on a smaller scale. all it takes is a good eye for a deal, patience, and a little elbow grease , and you can make a small fortune. If I can't make at least 300 % on an item , I don't buy it. We average 400% or more. Our best deals give us 800-1000% profits. Our record is 1700%. That right. we made 17 times our money selling one item. This is not small stuff. I'll buy something for $100 and fix it up in about half a day and resell it for $800-1000 for an example. arbitrage.....it's what makes the world go round. [/QUOTE]
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