There might be many investments out there but if profit must be considered,which is the actual sole of investment, I will advice you to go into bitcoin trading because it has higher profit than most investment.
Agree with you! I started selling on Amazon about 10 years ago and FBA was very lucrative But little by little that has eroded away due to gating, high storage fees and getting killed with returns. Most of my stuff goes to eBay now. Enjoy your content!
Mike, while I am thinking about it you started this episode mentioning the problems with home owner's and renters' insurance in so many areas of the country. If you can, give us a clue as to what you do insurance-wise. If your outside storage sheds and/or your garage burned down or otherwise was substantially damaged, do you have enough coverage? Also, coverage for the price you have paid for items is one thing, but if the true value of your inventory gets sold on eBay it would be worth _WAY_ more than your basic investment. I talked to an agent a long time back and he told me the solution would be to take out a policy that would cover a specific stated value ... but that costs, sometimes quite a bit. I think many eBay sellers just "run barefoot" in this area ... I know I did when I was in the USA and actively selling.
@@davestarr7112 I also run pretty lean in this area. Very difficult to figure it out. I just make sure my contents portion is a bit higher without triggering anything from the insurance company. It’s a risk we take.
@@goldenstatepicker Thanks for the speedy and forthright response. One big issue, regarding stated value insurance, was that my agent wanted an itemized list of everything to be covered ... before they would even make a quote. Grrr, Way too time-consuming and tedious. I guess I'll stick with a garden hose and a Doberman, LoL.
I've been selling books and other media on Amazon for 25 years and I'm looking to move off that platform because of the return scams and Amazon's lack of support. I don't blame you for putting that set on eBay! I love your finds (seems like treasure hunting). I wish I had bins of books near me!
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments...
As a beginner what do I need to do? How can I invest,on which platform? If you know any please share.
There might be many investments out there but if profit must be considered,which is the actual sole of investment, I will advice you to go into bitcoin trading because it has higher profit than most investment.
Of course it is profitable,I made good profit of $20k with the capital of $4k in my last trading I have made over $200k
Agree with you! I started selling on Amazon about 10 years ago and FBA was very lucrative But little by little that has eroded away due to gating, high storage fees and getting killed with returns. Most of my stuff goes to eBay now. Enjoy your content!
That's my feeling. Slowly more goes on Ebay. Thanks for watching.
Mike, while I am thinking about it you started this episode mentioning the problems with home owner's and renters' insurance in so many areas of the country. If you can, give us a clue as to what you do insurance-wise. If your outside storage sheds and/or your garage burned down or otherwise was substantially damaged, do you have enough coverage? Also, coverage for the price you have paid for items is one thing, but if the true value of your inventory gets sold on eBay it would be worth _WAY_ more than your basic investment. I talked to an agent a long time back and he told me the solution would be to take out a policy that would cover a specific stated value ... but that costs, sometimes quite a bit. I think many eBay sellers just "run barefoot" in this area ... I know I did when I was in the USA and actively selling.
@@davestarr7112 I also run pretty lean in this area. Very difficult to figure it out. I just make sure my contents portion is a bit higher without triggering anything from the insurance company. It’s a risk we take.
@@goldenstatepicker Thanks for the speedy and forthright response. One big issue, regarding stated value insurance, was that my agent wanted an itemized list of everything to be covered ... before they would even make a quote. Grrr, Way too time-consuming and tedious. I guess I'll stick with a garden hose and a Doberman, LoL.
I've been selling books and other media on Amazon for 25 years and I'm looking to move off that platform because of the return scams and Amazon's lack of support. I don't blame you for putting that set on eBay! I love your finds (seems like treasure hunting). I wish I had bins of books near me!
Super thanks for watching and understanding what we go through.
Mike the rates @ Usps are ridiclous! There on par with fed X & ups.....
Yes, they have gone up. The new ground ADVANTAGE seems to have creeped up.
@@goldenstatepicker no kidding .. I had to go & re adjust all my shipping..
2nd ish! 🎉