Make Money buying and selling collectables

My eBay Story:

One of the first ways I got started earning money online was by buying and selling collectibles. In my case, I was in junior high school when Pokemon cards were all the rage (remember those?) so what I would do is go to the local Wizards of the Coast store (I believe they are now defunct) and buy single packs of Pokemon cards and then list them on eBay and sell them for a profit. I did this for most of the summer and earned about $1,000 – not bad for a junior high school student right?

Well you might be saying to yourself, “That’s great Chris, but Pokemon cards aren’t popular anymore now so what can I do?” Well sure enough when I did quit selling the cards I moved onto my next niche. I was always a fan of the original Nintendo Entertainment System from the 1980’s having played hours upon hours of it myself, so I decided I would try making money by buying bulk lots of NES games and reselling them individually. Sure enough this strategy worked, and it worked because people that bought games from me came to eBay because they simply wanted a single game and JUST that game. I made it easy for them because what I did was buy bulk lots from people that probably had all of the games sitting in an attic and occasionally I’d get rare games that I could resell for more than the entire lot cost!

Make Money on eBay:

This is called arbitrage and it’s still done on eBay to this day and you could go out and do it right now. What I suggest if you’re going to do this is to start with a market that you’re familiar with and passionate about. By the time I finished my eBay NES escapades of buying and selling games online I could tell you exactly what the price of a game would sell for so I could look at a bulk lot, add the prices together and determine if it would be worth my time to buy it or not.

I’m sure you could still do the same thing and the side bonus is that if you attempt this in a market you enjoy than you can keep some of the collectibles for your own personal collection.