The premise behind this idea is based on
using your credit cards to get a cash advance and pay them back
later. It also includes the fact that Visa and Masetr Card are
accepted by many businesses.
Through my life I have come across many different
money making programs and ideas. Many of them I have used myself
and a few I still do use now and again. This one is definitely
one of my favourites, it's called surplus goods. There is a very
large industry involved with the trading of various types of surplus
goods. You can find goods where new merchandise is selling at
close to 90% off the wholesale price.
The nice thing about these surplus or bankrupt
stock companies is that most of them deal with just about anybody,
and most will take credit cards or cash. Your purchase could be
made at tremendous discounts and you could sell the products,
make a substantial gain and never have to use any of your own
cash.
In order for this idea to work you need to
know of dealers in your area to contact. Look through your local
Yellow Pages or magazines like Exchange and Mart for sources of
supply.
Write to them and ask for a copy of their
catalogues. Make sure you use a business name and type the request.
When you get the catalogue see what might be of interest, or contact
them and ask if they have any special offers not yet advertised.
What you have to remember about this enterprise
is that having purchased your goods for the best price in town,
these goods can be sold to friends and family, work associates,
at flee markets, swap meets, garage sales, carboot sales, want
ads and local newspaper ads, sometimes for free.
Here is an example of one thing you could
do. Say you found a good deal on some tools at 10p a piece. You
would advertise in your local freesheet or newspaper or go along
to a carboot sale and sell the tools at 50p to £1 each,
or even sell the complete stock to a trader at 25p per tool. Your
marketing strategy and product lines are entirely up to you. The
result will be a nice return on your investment.
Another way is through auctions and collectibles.
These are great ways to make money. You need to know a little
about these before you attempt this. Go to a library and do a
little research first so you will know exactly what you want to
do when you enter this arena. Auctions and estate sales are held
in communities everywhere. You can find out about auctions in
your local area by looking in the phone book or calling chamber
of commerce.
Government, Court and Receiver seizures and
repossessions are another excellent opportunity for profit. There
are many wealthy folks who come about their wealth in the wrong
way and have all their property taken from them and auctioned
off. These auctions are regular in big cities and heavily populated
areas. They are usually advertisedin the local paper but you could
also learn about them through auctioneers.
The above information was to open your eyes
about investment philosophy of credit cards. I gave you just a
few ideas here but I want you to realise this: there are thousands
of money making opportunities and ideas out there. Now that you
know the basics the door is open for you to use your mind and
come up with a few winners of your own. \after all, those are
the most fun, and the most profitable.
