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« Another “JLP Project” in the Works | Main | Magic Formula Investing Update - 2nd “Purchase” »

Got Any Gold In Your Closet?

By JLP | March 27, 2007

Check out this article (free) I found in the Wall Street Journal. Savvy shoppers are buying clothing and purses at places like Target and then reselling them on eBay for huge profits. Check this out:

That’s a 628.8% return in one month! Wow!

Of course things like this aren’t without risks. For one, you have to know which items are going to be in demand and which ones are going to be hard to find. However, I’m sure a few lucky people will make some money off this little craze.

Topics: Miscellaneous |