Comments on: How I Earned a 1,359% Return in One Hour With Zero Risk http://moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/ Money Tips for a Better Life Sat, 21 Nov 2009 13:21:41 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Money Smart Life » How Oakmark International Helped Me Turn $500 into $10000 http://moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/comment-page-1/#comment-9145 Money Smart Life » How Oakmark International Helped Me Turn $500 into $10000 Sun, 10 Jun 2007 20:41:11 +0000 http://www.moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/#comment-9145 [...] My other option is to invest the money into my business. I’ve been able to make a pretty good return on my investment so far and with additional capital I’ll have more opportunity for growth. The main question is can I be consistent enough with my earnings to match and preferably surpass the returns I can find in the stock market? [...] [...] My other option is to invest the money into my business. I’ve been able to make a pretty good return on my investment so far and with additional capital I’ll have more opportunity for growth. The main question is can I be consistent enough with my earnings to match and preferably surpass the returns I can find in the stock market? [...]

]]> By: Ben http://moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/comment-page-1/#comment-7328 Ben Wed, 23 May 2007 18:37:55 +0000 http://www.moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/#comment-7328 dc_publius, the store I buy from is on the way home from work. I stop in there maybe 3 times a week, I'm usually in and out in 30 minutes and usually leave with anywhere from 0-10 things. I put those items online, some sell within days, others sit for months. I also work right across the road from the main post office and have a UPS store on the way home so I've been able to minimize my shipping time. Another key is that I print out all my USPS shipping labels from home so I don't have to wait in line, just drop off the box and go. Plus that sends out an a tracking email to recipient so they know its been shipped and can keep tabs on it. I also have an account at the UPS store so I can drop off the package without waiting. My challenge if I want to ramp up profits is to sell more things in less time so I'm always looking for ways to be more efficient. Alas, there was only one bag, otherwise I would have purchased every one they had. dc_publius, the store I buy from is on the way home from work. I stop in there maybe 3 times a week, I’m usually in and out in 30 minutes and usually leave with anywhere from 0-10 things. I put those items online, some sell within days, others sit for months.

I also work right across the road from the main post office and have a UPS store on the way home so I’ve been able to minimize my shipping time.

Another key is that I print out all my USPS shipping labels from home so I don’t have to wait in line, just drop off the box and go. Plus that sends out an a tracking email to recipient so they know its been shipped and can keep tabs on it. I also have an account at the UPS store so I can drop off the package without waiting.

My challenge if I want to ramp up profits is to sell more things in less time so I’m always looking for ways to be more efficient.

Alas, there was only one bag, otherwise I would have purchased every one they had.

]]> By: dc_publius http://moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/comment-page-1/#comment-7314 dc_publius Wed, 23 May 2007 17:29:44 +0000 http://www.moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/#comment-7314 How long did it take you to find this deal? If you are spending 5 hours/week looking for deals and this was your only score, then you need to lower your hourly return to reflect this. You must live very close to the post office if you can turn everything around in 60 minutes. The biggest question of all is why did you only buy one bag? I guess it was the last one... How long did it take you to find this deal? If you are spending 5 hours/week looking for deals and this was your only score, then you need to lower your hourly return to reflect this.

You must live very close to the post office if you can turn everything around in 60 minutes.

The biggest question of all is why did you only buy one bag? I guess it was the last one…

]]> By: Posts I Enjoyed Last Week | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing http://moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/comment-page-1/#comment-7297 Posts I Enjoyed Last Week | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing Wed, 23 May 2007 13:40:30 +0000 http://www.moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/#comment-7297 [...] Ben at Money Smart Life reveals how he turns $6 investment into $100 with only one hour of work. I had similar experience with my Amazon sale, but not as profitable. [...] [...] Ben at Money Smart Life reveals how he turns $6 investment into $100 with only one hour of work. I had similar experience with my Amazon sale, but not as profitable. [...]

]]> By: Ben http://moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/comment-page-1/#comment-6965 Ben Mon, 21 May 2007 10:10:45 +0000 http://www.moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/#comment-6965 Unfortunately for me this is not a sale I can replicate. I'm always on the lookout for bargains anyplace but I buy most of my stuff from a local overgoods and lost cargo store where I can get discounts ranging from 30-70%. I'm not sure why this bag was so cheap, maybe they mis-priced it but I knew when I saw the Tamrac brand it was a great deal. Typically on an item that retails for $125 I might expect to buy it at a discount of 40-60% and make a 20-75% return on investment depending on how competitive the market is for the item on eBay. Although I won't earn a 1359% return on every item, a 20-75% ROI adds up pretty nicely over the course of a month. Unfortunately for me this is not a sale I can replicate. I’m always on the lookout for bargains anyplace but I buy most of my stuff from a local overgoods and lost cargo store where I can get discounts ranging from 30-70%.

I’m not sure why this bag was so cheap, maybe they mis-priced it but I knew when I saw the Tamrac brand it was a great deal.

Typically on an item that retails for $125 I might expect to buy it at a discount of 40-60% and make a 20-75% return on investment depending on how competitive the market is for the item on eBay. Although I won’t earn a 1359% return on every item, a 20-75% ROI adds up pretty nicely over the course of a month.

]]> By: Oleg K. http://moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/comment-page-1/#comment-6877 Oleg K. Sun, 20 May 2007 18:08:32 +0000 http://www.moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/#comment-6877 Nice job reselling the camera bag. $81 is a great profit. But I think the operative questions remains: What truck were you following to get such an expensive bag for so cheap? Nice job reselling the camera bag. $81 is a great profit.

But I think the operative questions remains: What truck were you following to get such an expensive bag for so cheap?

]]> By: Wisely Sunshine http://moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/comment-page-1/#comment-6875 Wisely Sunshine Sun, 20 May 2007 16:17:01 +0000 http://www.moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/#comment-6875 Wow, I have been trying to find deals like that to sell on E-bay, but so far I'm not that successful yet. Do you have any suggestion? Wow, I have been trying to find deals like that to sell on E-bay, but so far I’m not that successful yet. Do you have any suggestion?

]]> By: Jack http://moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/comment-page-1/#comment-6835 Jack Sun, 20 May 2007 07:39:11 +0000 http://www.moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/#comment-6835 The 0% balance transfer game! The 0% balance transfer game!

]]> By: fivecentnickel.com http://moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/comment-page-1/#comment-6817 fivecentnickel.com Sun, 20 May 2007 03:26:42 +0000 http://www.moneysmartlife.com/how-i-earned-a-1359-return-in-one-hour-with-zero-risk/#comment-6817 Where did you find the camera bag? And can you buy any more? Where did you find the camera bag? And can you buy any more?

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