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Showing posts with the label online trading

How to Turn $20 into $100 in Ten Easy Steps (Or at least how I managed to do it)

Before we get started, as a disclaimer this is not intended to be financial advice but rather encouragement.  Below I have jotted down the simple formula which I have used to do just what the title claims - turn $20 into $100. The steps are easy to follow and the process only requires a bit of time and patience, an eBay account (or any online trading site you prefer) and the product of your choice. The process works. Anyone can do it. So here's how it's done... Step One: Find an item of interest that you know something about and that you can easily reproduce or purchase at a low cost, preferably less than $10. Step Two: Use $10 to purchase or manufacture the item. Step Three: List the item on eBay or any online trading site of your choice. Use the remaining $10 to cover listing and success fees. Obviously, list the item for more than it cost you to purchase or make. On that note, make sure the price you sell the item for is enough to: 1. Cover what you pa...

Pimp My Twenty Bucks Part Five

It has been five weeks since I began the arduous task of becoming a Hundredaire (that’s like a millionaire only 10,000 times poorer) and I am proud to announce that I have finally earned enough to retire on, that is, if I was an ant. However I do feel that I am finally getting some traction on the whole enterprise and as slow as it has been I’m definitely moving in the right direction – forward! If you’ve just walked in on this series and can’t be bothered going back to the introduction to figure out what all this is about then allow me to bring you up to speed. I had a dream. A dream that by manipulating the forces of the internet, I could turn a simple $20 note into a more appealing and usable $100. To be specific, I proposed to utilize my love and knowledge of popular fiction, by purchasing cheap editions from local opportunity shops and selling them online via Trademe, otherwise known as the Kiwi alternative to eBay. With that $100 I would go on to greater things like adorn...

Pimp My Twenty Bucks Part Four

Can we skip any mention of my cat this week? I'm still recovering from the grotty thing he did to me this morning. Do you really want to know? Yes? No? Well, if you're grossed out easily don't read the next paragraph, but if you're the brave or deranged sort, and can handle nature at its most vile then read on... I was up watching Sunday morning cartoons at around 6 this morning (don't ask me why) and as I lay shivering in the seemingly arctic cold of my living room, under a thin polar fleece blanket, I become vaguely aware of the scrunching noise small paws make when shifting the crystals in the litter tray. This is Cat for, "Flushing" the toilet. Moments later Felix comes waltzing into the living room as if he's achieved a breakthrough in physical chemistry, jumping onto my cozy spot to snuggle up to me - only he hasn't wiped his furry butt and wants to share the fact with yours truly in no uncertain terms. He's an evil cat and I'm re...