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 Master
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 advertised in 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.
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