When Ebay was in its heyday and everyone was buying & selling, I was one of those sellers that actually did very good. If I didn’t do it all myself, I could have pushed it up a notch. Why I didn’t buy ebay stock when it was cheap and has since split so many times, that alone could have made anyone a millionaire. I guess I was busy enough that I didn’t have time to do any kind of financial planning let alone spending. I was able to gather a downpayment for a house that I shortly flipped for a nice profit, which eventually led to owning a really nice home and having some investments. Those were the days.
Now it’s much harder to make money from Ebay, although I’m sure some still do. But when you take the high costs of shipping and all the fees you have to pay, it just doesn’t seem worth it. [Read more...]