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Showing posts with label garage sales. Show all posts
Showing posts with label garage sales. Show all posts

Wednesday, May 16, 2007

Do you REALLY want to Make Money Online?

Then go to a garage sale! Yep, I think making money online is integrated with offline living - or away from the computer, too. Here's a lesson I learned from my 20-year-old nephew who made close to $1,000 last month.

He and a friend went to garage sales, and in one case the Ross dept store, and picked up items for $1 - $3 and sold them on Craigslist for $ 60 and more.

One item was a set of floor speakers they picked up for $1 and sold for $120! That's a nice Return on Investment!

I asked how much time they invested. We're fortunate because around Pasadena, Ca and Arcadia there are garage sales galore. They spent about 2 hours on a recent weekend driving by about 30 sales. They could see quickly whether any items appealed to them or not.

They'd buy something - then check out eBay to see what it would sell for there at the lowest price then set their price accordingly on Craigslist.

Not a bad way to make extra money or even develop a steady income stream. Hey, it's even safer and a better return than a mutual fund!

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