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For more years than I care to remember, I struggled with money. I don't anymore but I understand the difficulty of not having enough. Nobody understands when you tell them you juggled last months water bill against this months utility and you are short. No, its worse than that....they don't care.
Quick time money is money that needs to come now, today, this minute. Its important and urgent so its got to present itself quickly.
Quick time money is money created out of thin air. Its usually not a lot of money but its fast, legal and easy to get. So in the following you will not find grandiose formulas and graphs and charts on wealth generation. This practical idea will get you out of jams. Of course the best way to keep out of money-jams is to always have more than enough money in the first place. Perhaps you will find out more about what we do later. Who knows, but anyway, here is a way to put money in your pocket right this minute.
We are working on getting you $200 to $300 in a day. For somebody who is stuck, that's not a bad parachute at all.
Now, before I tell you what I suggest you do, you should know I am clinically sane and of sound mind. It may seem counter-intuitive to suggest this to you, but its sound advice.
Go shopping.
Yes I know it doesn't make sense yet so keep reading.
At the level you are at (in a negative money situation) don't expect to make your first million doing just this, but the principle is sound and can definitely lead on to a career as an opportunity investor.
You will make three transactions today.
But first you will sit down with a pen and paper and write down your interests and competencies. For example, you have always enjoyed antiques. Fine, lets start with that.
In fact, if antiques are a core competency of yours, then you should stick with that until you get to higher levels. (You wont be buying any real estate any time soon, unless you research "no money down techniques" but you can definitely rely on this whenever you are in a squeeze for some money quick)
First you are going to consider supply and demand. Two important and divergent forces in which you will play the main lead. You will be the initiator, the middle man. (My favourite place of all to be)
From the supply side, you are going to identify 3 places where antiques may possibly be sold cheap, or at least below wholesale. Do such places of supply exist? You bet. Have you ever heard of a "Don't wanner" (in plain English that's don't-want-her) item? Often they are considered junk by the owners of these yet to be discovered treasures.
Garage sales, deceased estates advertised in the local journal and classified ads are just three sources off the top of my head. I'm sure you could find another 10 if you tried.
But even before you go shopping you are going to haunt the local antique shops in your area. The reason why you will spend so much time at all of them is because you are going to say hi, introduce yourself and possibly mention that you may have some items for them. (Don't worry, they will always tell you no, we don't need any we are already overstocked as it is) its what they do. They set the tone in the negotiation 3 moves ahead. When the item is before them and they can see it, they will deal.
You are also going to spend time gauging prices, retail prices. Know that you will have to find your items at around 30% below these prices, then another margin for your profits.
There is good money to be made trading unwanted items and converting them into cash.
Even at the level we deal in, "don't wanner" houses, boats, luxury cars and even precious stones, the dollar amounts (and there fore the profits) are a lot higher. But the compounding is amazing. If only these fellows playing the stock market knew about the percentage returns available being an opportunity investor.
My Very Best to you
Martin enjoys sharing wealth strategies and is a professional investor and CEO of http://www.opportunity-investor.com If you would enjoy learning how to build your own money machine, follow the link above.
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