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Showing posts from July, 2012

Arbitrage

Step 1: (besides admitting you have a problem) Get your hands on a product. When you get your hands on a product, you can then sell it, which is exactly what I did this week. I bought a red 8 GB iPod Nano for $40 that I'm selling on eBay HERE . I plan on making a profit by selling it for more than $40 and enough more to cover the cost of eBay fees and shipping. This is what I was told is the process of "Chatteling". Chatteling is not the popular term. The term used more often is "arbitrage". I just found this out. You can do it to. It's very easy. Find something to sell, and sell it for more than you got it for. Today is Friday and I've got some free time on my hands so I'm going to take my day and acquire goods. I'm going to withdraw $100 out of my bank account and today I will be visiting garage sales, estate sales and thrift stores. Enough said.

Chatteling

Ok. So I found a new focus. It's going to be the world of "Chatteling". Chatteling means personal property. Slaves are considered chattel. This is the world of "offline" marketing. Its a new niche that I found out about through the father of Chatteling, Gordon Jay Alexander. I read his eBook, The Chattel Report  and it straight up gave me 30 years worth of advice that I could use to buy and sell properties. I will start small, of course, and work my way to the big bucks. There is not much to it. You buy low and sell high. The key is to buy things from over here and sell them over there. The profit is in your connection between markets. You see, people don't check more than one circulation. And your job is to bridge that gap. That's what chatteling is all about. It takes work, but it is an opportunity. I'll post more about this later. I just wanted to stay in touch and let you know what's going on. So this will be my main focus and I have yet ...