Have fun and make cash with a Chattel Club.

[GordonJ]

Short and sweet. Five people. Your poker club, bowling team, softball team, even your co-workers. Each chip in 200 bux. The "game" you all play is to see how few moves (transactions) you can make to get your money back plus $1,000.00 each in profits.

The club starts with 1 thou, and the objective is to work it up to 6 thou, after all expenses. As written in the Sprint to Freedom, at that level, you could expect about 20% profit per transaction.

So, the math:

1000 FIRST transaction=200 profit 1200
1200 2nd = 240 p 1440
1440 3rd = 288 1728
1728 4th = 345 2073
2073 5th = 414 2487
2487 6th = 497 2984
2984 7th = 596 3580
3580 8th = 716 4296
4296 9th = 859 5155
5155 10th = 1031 6186 the MAGIC number
6186 11th = 1237 7423

So, in chattel world it is possible to turn the 200 dollars into 200 plus an additional 1000 profit in 10 "moves". OR less than one transaction a month.

That same 200 dollars put into a bank acount, maybe will be worth 215.00 at the end of a year.

Also, we see from this 20% chart, it answers the question, what IF I want to start at a higher level, it means that you will roughly have to have about 5k in circulation to produce the 1k profit.

Do a quick search of YOUR craigslist and go through as many catagories as you want with 5k in the minimum search box, you'll be amazed at what is out there.

Gordon

Gordon – thanks for this – a new way to view this!

I just did a craigslist for $5,000+ and quickly became overwhelmed. Any particular categories that are better than others? Or a way to know which items amongst the many are good for the 20% profit?

Tim

[GordonJ]

Tim

Thanks for asking.

Over the years I've concluded there are TWO factors which hold people back from really getting their arms around the concept of Chatteling.

1) They think too small
2) They can't pull the trigger

I've tried to show people how much stuff is out there just waiting to be flipped for a profit. So, not much to do about their thinking.

As for "pulling the trigger".

This will answer your question. My POSITION on this hasn't changed since I first wrote the first chattel report in 1995.

It is NEVER about WHAT.

It is ALWAYS about dollars. Catagory doesn't matter.

Today, it is an extremely easy and quick way to determine MARKET value. We have eBay. Simply learn to use eBay Completed Listings to find what a similar or in many cases, the exact same thing, has been sold for.

THEN, you can determine if whatever it is you find, has any STORED VALUE.

I believe I'm the only person teaching this, preaching this and not changing horses about this. STORED VALUE in chattel is what you look for.

The TV show AMERICAN PICKERS demonstrates two things very quickly...there is a TON of stuff laying around and people are willing to BUY it.

At first, like with anything, it takes time to LEARN. But all you have to do is search your local craigslist and local eBay as well as any local ads, in the newspapers or penny pinchers or trader pubs to look for stored value.

Anyone can quickly learn with a daily effort to search for stuff, compare it to completed listings or other craigslists to find STORED VALUE...then, it you have to pull the trigger.

George Marquez, one of the original Chattelers in my group has done very well, and he's still going strong after a decade.

But George isn't afraid of people and he knows and understands the whole STORED VALUE concept.

I like small, easy to carry, put in the back seat type stuff, like Bird Cages, drapes, cameras...but I look for stuff being sold which I know I can flip. All it takes is some effort and now you know how I do it.

And now you and everyone else can too.

Gordon Alexander

PS. And I never HOLD the stuff, if I have to ONLY make 500 bux on the 5 grand, or a lousy 10%, I'll do it 24/7. This is the third mistake people make, HOLDING on to stuff. Circulation of your money beats storage of your money every day of the week.

Originally Posted by TSpencer

Gordon – thanks for this – a new way to view this!

I just did a craigslist for $5,000+ and quickly became overwhelmed. Any particular categories that are better than others? Or a way to know which items amongst the many are good for the 20% profit?

Tim

Gordon - thanks again!

PS: I just sent another question to you by email.