View Single Post
Old 08-17-2012, 11:02 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by shake View Post
Yes, arbitrage is a business model that works for many.
I recently bought up 20 slightly obsolete electronic items @90c each which usually sell for $9-10 each (both at the shop I purchased them from, and on ebay.)

Trouble is that you still need a market for them. No point making an 80-90% clear profit if you only sell one or two per year. That's why I didn't buy 200 of them.
rowan is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote