Originally Posted by GordonJ
And for those of us in USA, the easiest way to collect the dough is via buying and selling. I suspect it is the same the world over, however, we Americans love to have a lot of things, a lot of things we don't really need, but we like them anyhow.
I was buying and selling 50 years ago, and it is still the easiest, fastest and maybe the best way for anyone to start collecting dough under the radar.
Today, still, ebay is big, craigslist is still around, Facebook marketplaces and especially local groups all provide a great opportunity to extract some moolah from the masses.
Same as I wrote about 29 years ago in the Chattel Report: buy over there, sell over here, add a profit; rinse and repeat.
Not much new. One thing I found out recently, locally, is...people still like cash, and are willing to take a little less cash in their hands than wait for a full sale of their stuff, so wave some green under their noses and continue on.
Although it can be a stop gap fast cash method, to surTHRIVE with buying and selling, it should be approached as continuous business, and have some structures in place, even if only a few hours a week.
Covid knocked a couple for a loop, my restaurant guy suffered, although he spent his savings on home improvements, the wife is happy with the new make over, but not so happy the cash isn't still rolling in. Sigh.
Today, ELECTRIC vehicles are hot, but guess what, I still see bicycles for sale with a lot of quick little profits in them...a PARADE OF LIFE item.
OK, back to the low.
Gordon
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