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This thread caused me think back to an earlier time in my life. I used to
go around and low ball people that were selling their own personal used
cars. I would look for the ones that were of good quality but hadn't been
taken care of. I would spend a full Satuday detailing them, and then sell
them for anywhere between $500 and $3000 more than I paid for them.
I always believed that I made my money when I got the car at the low price.
If I knew I had paid a low price I didn't worry about how much I would make.
I could set my price (within reason of course). And just wait for the right
buyer to come along.
Fewer times I could tell in the first week that not many people liked the
car that I had for sale. And for that reason it was time to move it. Sell
it for whatever I can get. Try to make a little bit, but sell it quick.
Just my analogy. You can't ever sell for a profit if you are always the
highest bidder.
good trading,
rob in alabama
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