Buying and Selling for Fun

[Lancecastor]

As you know, i enjoy buying things for fun.

Over the years i have dabbled in guitars, cars, motorcycles and other things i find interesting.

I take pride making my hobbies self-sustaining... all my toys are paid for out of gains from prior items.

So my car, truck, bikes etc... were all in effect, free.

In this thread, we will share stories and tips on how to trade your way to fun and financial freedom.

 

[Lancecastor]

No?

Okay, sonething else then.

Wings ass, for example.... bigger than pink's, smaller than butters?

Discuss.

 

[4est_4est_Gump]

I invest.



And we buy lots of prepper gear. It's an upscale way to feed the Queen's need to hoard...

 

[4est_4est_Gump]

No?

Okay, sonething else then.

Wings ass, for example.... bigger than pink's, smaller than butters?

Discuss.

Everyone in the whole world has a smaller ass that chipbutty.

That's why she can't come to America, she can't afford the three seats...

 

[lovecraft68]

I've been buying and selling comics since my late teens. Like anything collectible E-bay has destroyed true market value. Comics listed at $100 can be found for as little as $15-$20 regularly.

Unless....its something that is going to be featured in an upcoming movie soon. For example, Ant Man? As soon as it became fact it would be a movie his first appearances went through the roof, both original and the new modern series.

But the thing is these 'investors' who buy at these prices are dopes. The book will skyrocket, max out, and then crash and all in a very short period of time because people now move onto "Oh, wait...now that's hot!"

Two ways to take advantage. Go to sites that talk about upcoming comic movies over the nest two to three years see who will be the villains and new characters added. Track down their first appearances and grab them.

When the real hype starts sell a couple to make sure you get money back. Hold a couple more until the trailers are every where, then unload. Wait until its been out awhile? You may lose money.

Other way. If you're late to the game and the prices are already rising. Buy the cheapest one you can get and as soon as it gets in your hands relist and flip it. If its at the height of hype? You'll make a fast few bucks. Not a large amount but you can turn $50 into $100 in a week with just the few minutes its takes to list something.

 

[Liar]

I really should get better at the sellling part. Got some quality junk here.

 

[Saint Peter]

I really should get better at the sellling part.

This.

 

[Ms_Ann]

I invest in quality alcohols. I drink them and they become a permanent part of me.

 

[HisArpy]

E-bay has destroyed true market value.

This.

I collect antique watches and clocks. I do it because I like working on them and making them run again. I started with $100 and I now have several thousands of dollars worth of timepieces accumulated by buying, fixing, selling, and buying again.

Unfortunately fleabay has caused all kinds of speculators to enter the field. They come in, buy huge swaths of the available merchandise and then remarket it at 5 times the purchase price (or more). This causes a huge run up in advertised prices but the market tanks because true collectors know the values.

 

[yossi]

I try not to collect things. I have problems keeping track and organising.

 

[HisArpy]

I try not to collect things. I have problems keeping track and organising.

Missing the point.

You don't keep them, you only collect them to sell them for a profit. It's like day-trading. Except with real things you can touch with your hands.

 

[yossi]

I understood.

 

[Lancecastor]

Back when eBay was still mostly used items being sold by individuals, I would find and buy guitars in auctions that ended during "off peak" hours.

I would then relist them using the same pics and by the time it arrived, it was resold.

I would change the shipping label and send it along.

About a year later I owned 25 guitars and 20 amps, all paid for with the profits from other sales.

 

[islandman]

I bought some kids. ROIC TBD, but I suspect I won't make a profit.

 

[Ms_Ann]

Back when eBay was still mostly used items being sold by individuals, I would find and buy guitars in auctions that ended during "off peak" hours.

I would then relist them using the same pics and by the time it arrived, it was resold.

I would change the shipping label and send it along.

About a year later I owned 25 guitars and 20 amps, all paid for with the profits from other sales.

My neighbor used to do that...guitars. I think all the profits went up his nose.

 

[BotanyBoy]

Back when eBay was still mostly used items being sold by individuals, I would find and buy guitars in auctions that ended during "off peak" hours.

I would then relist them using the same pics and by the time it arrived, it was resold.

I would change the shipping label and send it along.

About a year later I owned 25 guitars and 20 amps, all paid for with the profits from other sales.

I got my Mesa RA100, 75' Jazzmaster and a few other choice pieces like that.

But I was flipping car shit, mostly from Japan.

 

[Conager]

30 years ago my sister gave me some Bohemian crystal as a housewarming gift. It was thoughtful but didn't mean anything in particular to me except that overtime those glasses acquired sentimental value.

Had I put them in a china hutch and rarely use them they would have acquired no value. Instead they were used, broken, replaced, and broken again, multiple times by the kids over the years. I don't believe in owning anything that you're not actually going to use.

Over time, they got harder and harder to replace until recently. I think they are finding their way into thrift stores as partial remaining sets unsold at estate sales.

I was close to having a complete set of 6 again and started looking online for the one remaining one I needed and found they were available at a price of about 18 bucks.

I started finding the same type of crystal by the same manufacturer but in various different sizes and started collecting it with the idea that I would trade it for the water goblets I wanted to the website that specializes in providing replacement single items for silver china and crystal.

After a while in addition to my original goal which was more than met I ended up with complete sets of all sorts of other sizes and volumes. Now I have a ridiculous amount of it and I have not sold or traded any of it and I need to.

I just picked up 4 cham-pag- ne' flutes, and three each of two different sizes of wineglasses in stem-lengths I don't have yesterday for $15.

 

[Conager]

I also pickup what was highend 1980s stereo componants. I have no idea if there is a market for any of that I just have been acquiring them to build myself a system. When I find pieces that I know sold for $1,500 $3,000 new I figure it's worth investing $9.

I just saw a JVC super VHS VCR yesterday for about $4. I passed. That one was an odd duck because there was no point in having one unless you also had an S VHS camcorder. And if you had an S VHS camcorder you could simply line out to the TV.

While looking through some of that one time I found a much more modern Bose surround sound theater system for $49. I should sell that to finance all the rest of it.

Maybe get a second turntable. ...and a microphone.

 

[Lancecastor]

I made $7,000 profit over the weekend from the sale of those two motorcycles i had mentioned.

I used a third of that to buy a used toyota solara sle convertible. Nice car to have on a hot summer night, easy car to sell in late august for approx double.

 

[Disgustipated]

I made $7,000 profit over the weekend from the sale of those two motorcycles i had mentioned.

I used a third of that to buy a used toyota solara sle convertible. Nice car to have on a hot summer night, easy car to sell in late august for approx double.

Ahahahahahahhahahaha!!!!!!!1111111111

ha

 

[Lancecastor]

True, it's no Corolla, Luk.

 

[Disgustipated]

Nope, that would be a more reasonable investment than a convertible in Canukastan.

 

[Lancecastor]

Nope, that would be a more reasonable investment than a convertible in Canukastan.

This is a thread about "buying and selling for fun".

Please take your Corolla and such other weighty investment decisions to ...jeez, I don't know where that would be. I don't think there's a forum for that.

 

[chillywilly2]

I work for my toy money.
Buying and selling is a lot like work to me so your idea that your toys were free doesn't wash with me.
The way I see it, you worked for them.
Kinda like car salesmen, real estate agents, insurance salesmen...they all buy and sell for work so they can afford toys

 

[Lancecastor]

Buying and selling is a lot like work to me

If you don't enjoy your work (or your hobby) I agree, you should do something else.