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Old 03-06-06, 05:10 PM   #16 (permalink)
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Originally Posted by sfbong80
how does trading on ebay work ? what do i sell
You can sell just about anything on eBay. Someone sold a grilled cheese sandwich that appeared to have the image of the Virgin Mary for about 3k a couple of years ago, but don't count on that, unless you are very skillful at designing grilled cheese sandwiches and are prepared to eat the unsold inventory. Other things you can sell are things you no longer use and are just taking up space. As they say, one person's junk is another's treasure. You can watch clearance racks in any stores you go in, but you have to regularly monitor eBay to know how much things sell for. If you are going to buy stuff to sell, I recommend you don't waste your time on anything you can't sell for at least twice what you pay for it, plus shipping. Also avoid large heavy items, since shipping frequently makes them difficult to sell profitably.
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Old 03-06-06, 05:21 PM   #17 (permalink)
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I delivered hot dogs in college. I worked 30 hours per week and went to college full time and graduated on time. And I ain't no frickin' genius. There is no substitue for hard work my friend. College is a luxury, the mortgage is a necessity.

I look back fondly on those days spent in my Chevy Chevette with vinyl seats and an AM radio and no air conditioning. I could actually look down and see the street while I drove b/c the floorboards were rusted out. I pretended that since it was a stick shift it was a sportscar. My car would reek of hotdogs and french fries. Sure, the ladies digged my "cologne", and I new some day I might work my way up to delivering pizza. But back then it was hotdogs that paid the bills and I'm a better man for it.

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Old 03-06-06, 05:22 PM   #18 (permalink)
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If you are not experienced then DO NOT do it yourself. buy low sell high sounds easy but in real life it doesn't work that way. I'd recommend talking to a financial planner in your bank who'd probably suggest investing into mutual funds with higher growth rates.
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Old 03-06-06, 05:38 PM   #19 (permalink)
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Unless you are willing to spend more hours in the day than you have, to research stocks, their management, their business style, etc., etc., etc., you would be better off going to Las Vegas and betting your money on a roll of the dice.

Don't be foolish trying to get something for nothing, the only sure thing is hard work.
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Old 03-06-06, 07:18 PM   #20 (permalink)
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this is really depressing...
poor college person can't make a honest living unless you work your ass like a dog or sell hot dogs. While rich kids with silver spoon in their mouth such as Paris Hilton have luxury to buy her own islands. I thought strong right wing people at capitol hill are preaching 'hard work ethic' to Americans. How am i supposed to freaking work hard if i can't go to school because my crappy old car might break down and i lose my mode of transportation. huh! You think its easy to find derivitives of freaking trigonometric functions while your parents are nagging at you because of mortgage ??? you guys think i want to really lose my 5K and invest in stock market! no! but capitalistic society with rich people holding money up top wants me to serve them number one with diet coke at McDonalds. Who else is gonna wipe their asses!
middle income family with a house is most poorest people in this country. We don't even have health insurance. Yeah Bush keep giving tax breaks to rich people.. while poor college students like myself can't get no financial aid cuz rich think its waste of money. Now what shall i do... then.. if you keep cornering me.. become another criminal and become problem in the society ? so i can rob poor white old lady? IF RICH WERE SMART THEY WOULD GIVE POOR STUDENTS FINANCIAL AID AND GOOD JOBS THAT PAYS GOOD. WHY? SO THEIR NEIGHBORHOOD IS SAFER AND BETTER THAT WAY.
NOT EVEN MENTIONING BEING MORALLY GOOD.

sorry for venting..
i feel better now...

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Old 03-06-06, 07:43 PM   #21 (permalink)
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Dude, welcome to life. Life is a Sh*t sandwich and everyday is annother bite. Or as another person I know says "With Life you get NOTHING!" I would watch those rich remarks, if you make it through college you just might make that some day. Right now sounds like its belly up to the bar Man time. Sounds like its time to atleast get off your parents back and support your self. You have it easy, get student loans if you don't want to work. If you are really looking for an worth while investment, invest in yourself.
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Old 03-06-06, 08:14 PM   #22 (permalink)
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Moral of the story - you get out of life what you put into it.

I came from a working class family - parents rented house from council - I used to get my cousins hand-me down clothes.
And now I own my own company and employ 9 people. And I worked damn hard for ever penny (cent) that I have made and am proud of what I have achieved so far.

My daughters both went to college but my wife made sure that they got jobs at the same time - my youngest has just started university and believe me she will have to get a job to help support her there too. I'm not being nasty here - my daughters mean the world to me and I will give my life for them. But I am not going to let them grow up thinking that money is easy to obtain.

I know that college is often used as a time to study when you are not partying - and I'm not trying to suggest this is what you are doing - but take this as a test for you in time management and maybe only go out once a week or fortnight (it will make those nights special) - work your studies around a part time job (a 20 hr week at $7.50 is $150 a week $600 a month - offer your parents between $200 - $300)
Like benots4 said invest in yourself - never assume that anything worth having will be gained easily.
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Old 03-06-06, 10:24 PM   #23 (permalink)
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whoa..... calm down sfbong.


quit concentratin what other people are doin(ie paris). they are not your problem. get them out of your head.

what you need to focus on is what you want to accomplish. school is hard, thats life, thats how it's suppose to be. adapt to your situation and overcome it. I don't know your schedule but i'm sure you have free time. and yes you will have to make some sacrificies. look around you, your surroundings, what is in need? what do people in your area need? paper? electronics? books? what do people need at your college? find that need and fill it. it's not gonna be easy and you'll probaly fail a couple of times but thats life and you live and learn.

playing stocks(especially if you don't know what your doin) is very risky. many people lose money, sometimes alot. I don't think you would want to play it.

lets just say your doing good at it and you make 10% of your investment a year from now. thats 500 dollars. minus tax, cost of trading stock,......

your better off getting a part time job. if you worked at mc'd for 6.00 an hour for weekends(5hours a day), thats 60 bucks a week, 420 a year(which would be about equal to the 10% gain on stocks because of tax and the cost of trading.)

oh and trading on ebay is getting harder and harder to do, smaller margins, paypal issues,........ it'll take alot of $$$ and time to make money on ebay.

what you want to do is to maximize what time is avaliable(sp?) to you. like I don't know,.... your on aximsite, i'm assuming that you know about pdas. buy some refurb ones and sell it at your college.

sell it as being 200 times better than an ipod, "you could organize your life, watch a movie, play music, play games, photos, browse the web,......." we all know that pdas will spank the ipod anyday, find people who are looking for a music player or a organizor or a portible gaming machine, or a ,........


you have to start out small and work your way up, you wont flip 5K in a week or two, it'll take time and patience, hard work(hey sorry thats life, if you want $$$ you have to work for it)


oh and this fact may wake you up out of your,... i don't know, the state your in right now.

less than 1/2 of a percent, thats 00.5% of rich people(net worth of 1mill+) inherited their wealth. the other 99.5% worked for it


get out there and get your $$$$, there's plenty of it.
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Old 03-06-06, 11:31 PM   #24 (permalink)
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Originally Posted by JMJSelect
whoa..... calm down sfbong.



lets just say your doing good at it and you make 10% of your investment a year from now. thats 500 dollars. minus tax, cost of trading stock,......

your better off getting a part time job. if you worked at mc'd for 6.00 an hour for weekends(5hours a day), thats 60 bucks a week, 420 a year(which would be about equal to the 10% gain on stocks because of tax and the cost of trading.)

Ummmm... $60/week * 52 weeks/year = $3120. Hope you didn't major in commerce in college. :)

That was my first thought, anyway. Making 10% on any investment for someone who doesn't really know what they're doing would be doing pretty good, and that's only $500/year (or around $40/month).

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Old 03-06-06, 11:33 PM   #25 (permalink)
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Originally Posted by cneufeld
Ummmm... $60/week * 52 weeks/year = $3120. Hope you didn't major in commerce in college. :)

That was my first thought, anyway. Making 10% on any investment for someone who doesn't really know what they're doing would be doing pretty good, and that's only $500/year (or around $40/month).

Clint
HAHA LOL, wow ummmmm............ no excuses there.
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Old 03-07-06, 12:19 AM   #26 (permalink)
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Originally Posted by AtTheCross
buy low sell high
Synergize!
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Old 03-07-06, 12:29 AM   #27 (permalink)
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The quickest way to make a small fortune quickly with stocks is to start with a large one. So 5K just doesn't qualify, you would probably need at least 100K to start with and even that is borderline.
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Old 03-07-06, 01:08 AM   #28 (permalink)
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Originally Posted by benots4
Dude, welcome to life. Life is a Sh*t sandwich and everyday is annother bite. Or as another person I know says "With Life you get NOTHING!" I would watch those rich remarks, if you make it through college you just might make that some day. Right now sounds like its belly up to the bar Man time. Sounds like its time to atleast get off your parents back and support your self. You have it easy, get student loans if you don't want to work. If you are really looking for an worth while investment, invest in yourself.
Well said! When I grew up my parents promised they'd pay for college, then once I started they decided to get divorced and I was all of a sudden 100% on my own. I had to make a quick adjustment. Instead of blaming them or Reagan (at the time) or anyone else, I just did what I had to do. Blaming others like Bush is irrelevant. You must take responsibility for your own life. Man up!:approve:
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Old 03-07-06, 01:22 AM   #29 (permalink)
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Originally Posted by stevenator65
I look back fondly on those days spent in my Chevy Chevette with vinyl seats and an AM radio and no air conditioning. I could actually look down and see the street while I drove b/c the floorboards were rusted out. I pretended that since it was a stick shift it was a sportscar. My car would reek of hotdogs and french fries. Sure, the ladies digged my "cologne", and I new some day I might work my way up to delivering pizza. But back then it was hotdogs that paid the bills and I'm a better man for it.
Same story, but I had a 69 Cougar XR7 with a 390, 4 speed and duo-quads (I put them on my self). Actually, I still have it. I was poor because I could not afford the gas. And yes, the floorboards still have rust holes in them.
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Old 03-07-06, 01:30 AM   #30 (permalink)
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[QUOTE=jimbo32]Someone in your position has no business putting money they expect to need in the very near future in the stock market to begin with. /QUOTE]

is that directed at me? if so it isnt a huge sum of money, maybe a 400 dollar inital investment. it was money that i had in a savings account, and due to inactivitiy started getting fees. i had a 7% return on investment last year, and 6.6% Return YTD. as far as needing it soon. no this is just trying to save a little bit of money here an there for later on down the road.
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