SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old June 23, 2012, 11:34 AM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 3,471
Default How to Make $500.00 per TRANSACTION by Chatteling (buying and selling).

My 35 years of buying and selling things have given me some pretty good guidelines to follow...not RULES, no LAWS carved in stone, but some pretty good, take it to the bank, g u i d e l i n e s on how much you have to spend to make X amount of dollars.

IF you want to make 500 bux profit per transaction, you have to look for chattel which is being sold between 2499 and 5001.

You can of course, find deals, like Tony B. of CA did some years back, Tony saw a bass fishing boat for sale, bought it on a Thur. for 1500 bux and sold it on the following SUN for 3000 or for a 1500 profit, just cleaned it up and took it to the LAKE where fishermen hung out. AH, a secret revealed.

Sell your chattel in the right lake where people are looking. Anyhow,

Here is the question.

Would you invest 2500 dollars to make a 500 dollar profit?

I know the answer. MOST, about 90% of you WILL NOT do it.

I know this from working with many people over the last decade trying to help them learn how to do it.

Consider this, if you put your 2500 bux in a bank and let it sit there for a year, how much money would you have? Say you found a really good Bernier Madoff type bank and they paid you 10% (HA!)...you'd have 2750 dollars at the end of ONE YEAR OF STORAGE OF YOUR MONEY.

ONE transaction in chatteling, and you get a 20% ROI and you could do that as many times per year as you feel like it.

Make 500 a month for all 12 months and you'll have $8,500.00 how does that compare with YOUR bank?

The concept is simple, CIRCULATION beats STORAGE every hour of the year.


Are you STORING your money? OR are you in some way circulating it for larger ROI's?

Even if you invest 5k and got 500 profit, that's 10%, and yet the vast majority over the years have said it was too risky...because they didn't do their homework and due diligence.

I never buy a piece of chattel which I don't know for certain what the "street value" or the actual price I should get for it. And as long as I make a little profit, in a short period of time, I just put it back into CIRCULATION.

I can't get some of you to invest 100 bux in anything...the fear of loss is certainly a powerful motivator...but for those of you either borderline desperate or with an understanding of Risk/Reward...there is NOTHING that beats chatteling...and if you want to get up to the Stock Market type ROI, you just spend more money in higher priced chattel...got a few million? There are some nice yachts down at the Palm Beach harbor for sale.

Want to know more about this upper end of chatteling? I'll see you over at NCU, OK?

Gordon

PS. I advise you to get started with The Chattel Report,
The
Sprint
to
Freedom
Reply With Quote
 


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 12:08 PM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.