The Romans had it right.

[apmd]

Rarity (to keep as collectable) versus money in pocket. SPQR- small profit quick return.

 

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[frankendime]

Now, who can argue with that?

 

[bazinga]

Not sure what this post was in reference to, but I prefer big profit quick return. And sometimes I settle for big profit slow return.

 

[apmd]

The post was in reference to some items found either at garage sales or op-shops. I know from experience that the opinion can change from "wow, that should bring a good profit", to, when I get home and inspect it, "why sell it? I'll keep it." (for whatever reason). This has happened more than once.

 

[diggummup]

I prefer small investment, large return, regardless of the time factor, be it a day or 10 years. If you get it for the right price, the return will always be profitable. Bottom line with anything is price. Even though I like many of the things I buy, nothing is sacred to me. I started out purchasing items years ago as an investment for the future, so to speak. Many of the items I purchased 10-15 years ago have lost some of their value due to several factors, Ebay being the main one I believe. But they are all still worth considerably more than I paid for them. I agree, you can hold on to something for too long and "miss the boat", but you can still make a handsome profit, if the price was right to begin with. No one can see the future, if we could we wouldn't be on here talking about buying and selling second hand goods for profit. We'd be sitting somewhere counting all of our money or better yet we'd be watching the hired help count our money for us.

 

[bazinga]

I prefer small investment, large return, regardless of the time factor, be it a day or 10 years. If you get it for the right price, the return will always be profitable. Bottom line with anything is price. Even though I like many of the things I buy, nothing is sacred to me. I started out purchasing items years ago as an investment for the future, so to speak. Many of the items I purchased 10-15 years ago have lost some of their value due to several factors, Ebay being the main one I believe. But they are all still worth considerably more than I paid for them. I agree, you can hold on to something for too long and "miss the boat", but you can still make a handsome profit, if the price was right to begin with. No one can see the future, if we could we wouldn't be on here talking about buying and selling second hand goods for profit. We'd be sitting somewhere counting all of our money or better yet we'd be watching the hired help count our money for us.

Yeah, exactly.

You make your money when you buy an item, not when you sell it. If you buy it right, you can always make some money on it.