/biz/ - Business & Finance

[Anonymous No.19419132]

How do I make money besides work to invest more?

[Anonymous No.19419156]

Only chance is learning the skills of appraising. Flip things for money. If not that, then you’re gonna be doing sales or services which involve customers. Best part about flipping is the item sells itself. Reroll your profits, never spend them, and you’ll hit millionaire by 40 (assuming you’re 20) appraising skill is kind of a hidden gem and it’s truly a way of life. If you know the value you know if it’s a good deal or not. Making you a master treasure hunter and you’ll be buying profits from people instead of gambling.

[Anonymous No.19419169]

Also when you’re good you can do a quick analysis and figure how much money you can make from the deal. It gives you the ability to scan 1000 opportunities and pick the gold mines out quickly. It’s slow to start, and you have to find a niche, but it works unless you’re a basement troll with zero social skills

[Anonymous No.19419178]

>>19419132
be born rich next time faggot

[Anonymous No.19419197]

>>19419169
where do you buy stuff? garage sales, estate sales? online auctions?

also what do you specialize in as far as appraisal.

[Anonymous No.19419204]

Think about it. The boomers think re-saling is stupid and college is only option. They grew up when you had to tack up billboards to sell your boat and ask people around. Now you can expose your boat to 1000x the amount of people they did, and you can sell within a day and take your profit home. Sorry to ramble on.

[Anonymous No.19419212]

>>19419132
*coughs*
You don't know?

[Anonymous No.19419215]

>>19419156
It might help OP if he worked at a pawn shop for a few months.

[Anonymous No.19419225]

I'd suggest learning more about investing. This is assuming you're actually investing and not just buying crypto like a nigger. I used to work and use most of my paycheck on investing and while waiting for my investments to grow I'd learn more about investing instead of earning more money. That knowledge is extremely important and a few good trades can make up for all that time spent and then some. That little amount you'll earn on the side is insignificant and you'll end up losing it anyways if you have no clue what to do.

[Anonymous No.19419231]

>>19419197
A low investment start is selling items on eBay. Garage sales or estate sales will be your better options at first.
If you have a decent amount to work with you can move up to ATVs, bicycles, even watches. You could try cars but only if you understand them. Eventual goal is real estate. The exact same principles apply and assuming you have a fat nest egg, buy foreclosure auction homes for cash, put a little work in them, and then take a mortgage out on the home to take your cash home tax-free then rent that bitch out. Always keep a 25% equity position and 6 month emergency fund in liquid at all times. I’m 26 and saved a 131k net worth quitting job soon

[Anonymous No.19419241]

>>19419215
Also, I did a small flip when I saw the opportunity last week. Got a $30 off $60 coupon in the mail and immediately knew I could put it to use. Bought a $62 hard drive for $35 after taxes and sold it on eBay for $55 after fees and shipping. This is small fish but in line with the mindset >>19419156 is talking about.

[Anonymous No.19419271]

>>19419156
Also this exact mindset applies for investing, but you need access to insider info or time it well to be able to treasure hunt. I prefer physical goods, but it’s all what you prefer to do is the best part.

[Anonymous No.19419368]

>>19419225
How to learn properly about the stock market and where to invest?