Making money off %. What banks offer it the best?

[GhostWhoWalks]

I got money like the rest of you. In my home country I was getting more money but that was in Euros now I'm in Canada. And they got this 3% savings account tax free. But can only drop $5500 per year as a new comer. Any banks that offer a very good high % on your money?

While it sits I'd love it to collect % until 2016 sometime.

If not I'll just reinvest into more bs products for eb. lol

[rsot]

Look at mutual funds or placements rather than chequing and savings

[GhostWhoWalks]

Thanks Rsot as always lol.

Mutual funds. Hold the money for XX amount of months and give you a certain % right? Can't you also lose your money in this as in wasted your time with it? I was looking for at least 2 or 3% 100% sure to get within a years time frame. LOW LOW RISK, I miss how I use to get 5% per year on my money when I was a kid.

[rsot]

Low risk is the Canada Savings Bonds then - guaranteed % increase or 60/90 day term deposits (offered individually at banks).

Mutual funds do carry some risk, true but in general you can find steady gainers

[Sandy D]

Let me invest it for you, better then the 2-3% return you will get.

[GhostWhoWalks]

Originally Posted by Sandy D

Let me invest it for you, better then the 2-3% return you will get.

LOLLLLLLLLL

No Thanks.

I'll just spend $5k on buying more junk for my dozens of accounts to resell.

I think I might just buy a new Corvette 2015.

I was getting such a good rate in Europe for all my money but nothing can touch that rate here in North America.

And sending that kind of money on paypal? Would put a 180 day hold on your account. It's a gamble to have that much money into your paypal lol.

[GhostWhoWalks]

Originally Posted by rsot

Low risk is the Canada Savings Bonds then - guaranteed % increase or 60/90 day term deposits (offered individually at banks).

Mutual funds do carry some risk, true but in general you can find steady gainers

Yeah I've seen it's all small time here in North America! Blah. Those days of 5% is gone and the 80's with their 17% at the time was great to bad I wasn't alive at an adult age back then.

[Sandy D]

Originally Posted by GhostWhoWalks

LOLLLLLLLLL

No Thanks.

I'll just spend $5k on buying more junk for my dozens of accounts to resell.

I think I might just buy a new Corvette 2015.

I was getting such a good rate in Europe for all my money but nothing can touch that rate here in North America.

And sending that kind of money on paypal? Would put a 180 day hold on your account. It's a gamble to have that much money into your paypal lol.

I can turn it over and make you a much better rate then you can find anywhere.

Avg 100-500% most of the times on antiques.


Just found and paid for one of my best buys maybe ever on an online auction site.

Unmarked, unknown to the auctioneer who made this item. Called it one thing it was not even close to being correct.

Paid 150.00. Experimental sample item that could fetch 3500-5000.

[rsot]

I would say invest with Sandy D - how can you refuse that offer GWW?

[GhostWhoWalks]

Originally Posted by Sandy D

I can turn it over and make you a much better rate then you can find anywhere.

Avg 100-500% most of the times on antiques.


Just found and paid for one of my best buys maybe ever on an online auction site.

Unmarked, unknown to the auctioneer who made this item. Called it one thing it was not even close to being correct.

Paid 150.00. Experimental sample item that could fetch 3500-5000.

Yeah I just ordered $5k worth of products. With a resell value of 1500-2200% profits it's all I need really for 1 year supply with 4 dozen stealths (I'm guessing 1 year, but it's a hot selling item over 450 sales per day on it). I just hate earning the LOW % rates here. I miss the one in Europe + it was TAX FREE!

Ahh 100-500% not bad, not bad!

Yeah I know you deal with antiques, how you got time to manage all those accounts + going to sales/auctions/garage sales + making accounts to resell yet still be on the forums for 4 or 5 days without sleep? What drug are you on to stay up? lol

Not bad but antiques arn't my thing. Maybe with all this time to kill I guess I could shop around town but not really my thing. 100% of my items I just email the suppliers who are the factory direct beyond low prices to get high %%% profits that I do, to get my stuff. But shopping around no idea maybe who knows.

If I had a garage here I'd buy a 2011 Mustangs or 2012 that has the same body as the 2014 and 2015 if it does. And with high high miles and just resell the parts because parts don't have miles on them they keep the value! But no space to do this and I really don't feel like taking a car apart also. I say mustang as an example. I'd probably do a Audi, Benz etc something worth more.

[GhostWhoWalks]

Originally Posted by rsot

I would say invest with Sandy D - how can you refuse that offer GWW?

I'm dropping $5k for 1500% for the next 1 year I got enough stock. For so many accounts. Plus got to find another supplier will be another $8k for that newer product. Even higher %.

[rsot]

Resell auto parts eh?

[GhostWhoWalks]

Originally Posted by rsot

Resell auto parts eh?

Yeah I gave you an idea or anyone else reading it.

Let's say it's 2002 Rsot k?

And you could of bought a 1997 corvette and the parts still fit on the 2002. A brand new bumper for that car would be let's say $1000 but if you bough a 1997 with over 100,000 miles you could pick up the car dirt cheap. And the parts would resell as USED.

LEt's say the car would run you $20,000 and brand new it's $50,000 how much $ you think you could earn by stripping that car down for parts? And keep in ind. It will fit 1997 to 2002 because they are the same body style.

Same goes for any other car. You might want to do cars from Europe/Japan they are worth more in parts. And cheap to pick up!

But yeah I don't want to get my hands dirty.

[rsot]

Friend does truck parts so I am aware of that...he has been having some hard times though recently.

[GhostWhoWalks]

Originally Posted by rsot

Friend does truck parts so I am aware of that...he has been having some hard times though recently.

That's Canada! Population 34 Million. US on the other hand has 320 Million population. Did he try posting on craigslist? Or he does kijiji.ca? Maybe ads in the trucking booklets that truckers read and look at all the time for FREE he has to pay for the ads tho.

Also problem I noticed trucks. That's like saying 25% of the population drives those. What about CARS? He is limiting himself on trucks only. He should try out other cars as well.

The more models, the easier it will be for him to sell items after. Look at it as a car = 1 stealth account. lol. The more accounts/stealths/cars he has the more he'll make.

[Sandy D]

Originally Posted by GhostWhoWalks

Yeah I just ordered $5k worth of products. With a resell value of 1500-2200% profits it's all I need really for 1 year supply with 4 dozen stealths (I'm guessing 1 year, but it's a hot selling item over 450 sales per day on it). I just hate earning the LOW % rates here. I miss the one in Europe + it was TAX FREE!

Ahh 100-500% not bad, not bad!

Yeah I know you deal with antiques, how you got time to manage all those accounts + going to sales/auctions/garage sales + making accounts to resell yet still be on the forums for 4 or 5 days without sleep? What drug are you on to stay up? lol

This week, up until 5 am 5 days, slept 4 hours a day. No drugs. Enough for me.

I online bid a lot, or go to the auction house and leave bids.

I only hit yard sales, thrifts on the way to or from something.

Not bad but antiques arn't my thing. Maybe with all this time to kill I guess I could shop around town but not really my thing. 100% of my items I just email the suppliers who are the factory direct beyond low prices to get high %%% profits that I do, to get my stuff. But shopping around no idea maybe who knows.

If I had a garage here I'd buy a 2011 Mustangs or 2012 that has the same body as the 2014 and 2015 if it does. And with high high miles and just resell the parts because parts don't have miles on them they keep the value! But no space to do this and I really don't feel like taking a car apart also. I say mustang as an example. I'd probably do a Audi, Benz etc something worth more.

Have one full time employee who does the cleaning, pictures, measurements and packing of most items. High end items I pack myself.

Going to hire a second lady soon.

I am working on accounts right now and bidding on another computer on an online auction site. Just wont 2 art deco lamps for 55.00 each. Shocked. 15% buyers premium and 30.00 to ship.

These will sell easily for 400-500 each.

Money is in antiques but I have done this my entire life.

I have also kicked Amazon up a notch and doing a lot of FBA.

[Sandy D]

Like most who know new items well, I know old items.

But have recently learned about new items and doing pretty well over the last 2-3 years with them.

[GhostWhoWalks]

Originally Posted by Sandy D

Have one full time employee who does the cleaning, pictures, measurements and packing of most items. High end items I pack myself.

Going to hire a second lady soon.

I am working on accounts right now and bidding on another computer on an online auction site. Just wont 2 art deco lamps for 55.00 each. Shocked. 15% buyers premium and 30.00 to ship.

These will sell easily for 400-500 each.

Money is in antiques but I have done this my entire life.

I have also kicked Amazon up a notch and doing a lot of FBA.

Yeah antique requires knowing about a ton of stuff. Me nope.

I just email my supplier "I need another order send me invoice and charge my card" wait 1 to 2 weeks and voila!

My auctions relist always and sales come in. What you are doing. I wouldn't care to do it. You probably spent a lot of time driving around and what not. The top guys in my category earn $50k to $80k profits per month. I'm just a little guy. With 4 dozen accounts! hahaha

[rsot]

@GWW, he is ripping it hard in the US now - making solid runs into the US. You're right about the huge market differences

[GhostWhoWalks]

Originally Posted by rsot

@GWW, he is ripping it hard in the US now - making solid runs into the US. You're right about the huge market differences

Canada
low population = less sales with customers
higher shipping rates, limited on cheap items over the mail shipping.
low crime rate, safer to enjoy your money such as jewelry.


USA
high population = 320 million customers, yes even babies why? cause you can sell them baby products. tons of customers

low shipping rates = you may sell or even compete with china.

high crime rate. i would be worried carrying a watch or a gold chain on myself. or walking around the city freely. i got gun point in the middle of the day time in detroit over 20 years ago. in a main road i was very young.

[aspkin]

Originally Posted by GhostWhoWalks

high crime rate. i would be worried carrying a watch or a gold chain on myself. or walking around the city freely. i got gun point in the middle of the day time in detroit over 20 years ago. in a main road i was very young.

Detroit.. that place has the highest crime rate in the U.S. The rest of the U.S. doesn't compare.. generally it's fairly safe as long as you pay attention to your surroundings and try not to venture into high crime rate areas. I conceal carry wherever I go but generally if you stay out of bad areas you'll be fine.. Detroit is pretty much ALL bad areas.. Lol. It's probably the only city I wouldn't visit in the U.S.

[GhostWhoWalks]

Originally Posted by aspkin

Detroit.. that place has the highest crime rate in the U.S. The rest of the U.S. doesn't compare.. generally it's fairly safe as long as you pay attention to your surroundings and try not to venture into high crime rate areas. I conceal carry wherever I go but generally if you stay out of bad areas you'll be fine.. Detroit is pretty much ALL bad areas.. Lol. It's probably the only city I wouldn't visit in the U.S.

That was 20 some years ago at gun point. But I lived half hour away from there very rich area and very good. Now days I couldn't care less about Detroit. It got safer down town it's just the outskirts. On top of it they really cleaned it up. Chicago seems to be the NEW Detroit now. But Detroit was ranked #1 for Murder, guns, Aids, rape, GTA, etc.

But still very bad!