Re: Best Uses For Stealth PayPal Funds? Quote:
Originally Posted by Zerk What are some uses for PayPal funds from Stealth accounts that you prefer the most (aside from withdrawing to a bank or prepaid card)?
Just wanted to maybe get some other ideas I haven't thought of | BUY STUFF! There are a TON of opportunities right on Eb*y still, even after all these years. You can buy things to fix, resell, or supplies to fix/make things to sell, and it just so happens to be the safest way to move money back out of your pp account.
99% of the "secret" to getting rich on Eb*y or Amzn is to research and discover a product or service or niche that someone hasn't thought of yet or isn't making the most of like you can, and then to attack that idea with your personal/unique/special strengths. Since you have funds available (something not everyone has- in fact, very few people have funds on hand that aren't designated to expenses already) that can be part of your strength- to have funds at the ready when a good buy or well priced item/supply presents itself.
To give you an idea what I mean- I know someone who for years bought a certain type of NOS vehicle part (it was a commonly replaced part on a very common line of vehicles of a certain era so they often surfaced as old dealer nos items) as they surfaced online that normally went for $40-$125 shipped if NOS or in the package or exceptional condition, and he refinished them (he actually had a local and professional shop do them) in a powerdercoat finish after he ran the edges through a $400 roller machine from Eastwood to make the edges a nicer finish. After the powdercoat, he then added a custom rubber edge (like a weather stripping for a nicer fit) he had made up by the 100's (at the price of like $4 each) and relisted them for $350-$450 or so. With the money he made (slowly, of course, selling maybe one or two a month), he just bought more NOS ones as they surfaced, and over time branched out by taking that increased income to do a few less popular pieces. I remember he said that where he REALLY made his money was being able to hit the BUY IT NOW on something that was fairly priced or a good deal as soon as it was listed, or to be able to offer someone a price on all he had when a new seller of the item had come across a dozen or two or more in some inventory he bought and just started to list. Almost nobody has funds on hand for long term investments like that, and in this case it sounds like you have funds like that (sometimes, at least). It takes money to make money, and if you have that, and mix it with a good idea the sky's the limit.
You don't NEED to sell infringing things or downloads or deal with copyright issues- or even blow it on gift cards you might not really need... if you're willing to think and research enough, there ARE some good money making ideas still out there.
Last edited by Elliot; 12-31-2018 at 12:47 AM.
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