Making money from get go methods.

Good advice Dave. It is just my opinion, however, that "he" (or they) can't, won't and don't want to actually do something, like what you call arbitrage...I love how that word was swiped by those buying and selling stuff...from the quick Wall St. boys who found the gaps in prices.

Anyhow. Here is HOW to do it. If in the USA, Canada, the better thing is to buy and sell locally, much faster turns. Other countries, just depends on how freely goods exchange hands.

YES, check out the Walmarts, Targets, Dollar Tree special bins on reduced prices, sometimes that works great, especially at end of season stuff. July 4th marks when the Halloween, Thanksgiving and Christmas stuff starts being put into the pipeline. So some good post July 4th sales might work.

With a 250 dollar bankroll, one would look for something between 175 and 225 with some stored value in it. The WHAT it is doesn't matter. The way to find out is with eBay sold listings/completed sales for similar items, along with Amazon and Facebook Marketplaces and Google shopping.


Say the Titleist TSi3 driver, popular on Tour. On sale, maybe 599 to 699, but used ones for around 250. If it were just a bit less and /or you made an offer and got it for 200, good bet you can get a hundred bux profit out of it. Ads on Facebook markets don't cost for these kinds of things, people selling personal property.

The problem with Chatteling (your Arbitrage) is supply. Most deals are hard to find multiples of, HOWEVER, with seeking PRICES over things, there is never a supply side problem, just an educational searching.

The OP gave us no idea of where he is, what he knows, what he has done...and probably a one time Warrior to boot. Assuming he actually wants to be able to do it, then buying and selling IS the absolute fastest way...and I'll prove it right now to doubters.

If you have a newer TV, put if for sale on your local Facebook marketplace for 50 dollars.

The newer, the bigger, the FASTER it will sell. Now you got 50 bux and some spare time on your hands, unless it is one of 3 or 4 TV's, streaming devices, games.

If one finds a thing for 200, it should sell for 250 to 300. I'd take 250 immediately if I paid 200 the same day and had no other expenses. Then, you look for a 250 thing to buy, and try to get 75 to 150 profit. You would need to make about two transactions a week to work up to the thousand dollars. But once there, a 15 to 25% profit can be made per tranaction, and it is just keep on doing it. It takes about 5k, to continuously produce a thousand dollars profit per transaction, but once there, it is just keep going up and up.

I seriously doubt if one can get there with even the best bargain bin buys, and flip those in a month especially if you get into the slop and mess of shipping and sending stuff out. Best thing, is buy local, over there, sell local over here.

But, call it arbitrage, chatteling, or just buying and selling, IT IS, the fastest, easiest way to turn a little bit of money into more and more. It is also, WORK.

GordonJ

There's no place like home. There's no place like home. There's no place like home. SHAZAM

I am Agree with that.