When I first started getting interested in investing, my goal was to double my money my money within a month. Imagine my surprise when I was able to turn 100 dollars into 1,000 dollars in less than a month! What I did was simple, and anyone can do it with a little persistence.
First, I took my 100 dollars and bought a mixed lot of 500 books. I then signed up with several online bookseller websites and listed them all for one penny less than the lowest price or $1, whichever was higher. Within a week I’d sold 150 of them for a total of 300 dollars. I then used that 300 dollars to buy 3 more mixed lots of 500 books.
The next week I sold a combination of the new 1,500 books I’d acquired as well as some of the 350 books that hadn’t been sold from my initial lot of 500 books. I took the profits at the end of that week, and reinvested in even more books. By the end of the month I had over 1000 dollars in profit – and still had several 1000 books posted that continue to sell!
Once I’d been selling for awhile I was able to go through mixed lots and pick out the ones I knew would sell. It didn’t take long at all to become an expert on what books were in high demand. I’ve had such a great time with this, and made a great profit too! Who would have thought you could really turn 100 dollars into 1000 dollars in less than a month?