Investing ebay profits 101

[aking]

Lets talk about how some of us invest our ebay profits. I haven't really seen any threads about how people invest/save their ebay profits for personal long term financial gain. This may give some of us some good ideas as to what we can do with our ebay profits.

If you have some good tips or ideas, feel free to post them here. Thanks.

i say u invest it in building an ebay rival.

[Exeneva]

Most of the profits you earn should eventually allow you to move OFF of eBay. Granted, this is not an easy thing since eBay has tons of traffic and stuff sells there. But with the right amount of dedication, money, and the right people, this can be done - effectively preventing any further eBay suspension or Paypal limitation, and not having to worry about all the changes eBay/Paypal make.

[brandon1984]

all my profits where used to pay bills..etc but in savings account and buy what ever else i wanted because i had the money and didnt have a job

[aking]

yea, my plan is to save a nice chunck of ebay profits and put it into a high interest savings account.

[brandon1984]

buying savings bond might be better than a high interest savings account, for example go and buy a $1000 savings bond for $500 and BAM!! in 10-15 years you have made $500. i just cashed my savings bonds in last year, i got them for holidays, birthdays since i was born every year, and mostly all the savings bonds where worth more than the face value, nothing like going into a bank and walking out with $14,500. i paid off my mitsibishi lancer evolution VIII, so now more car payment