A few weeks ago, I was bragging about making $200 profit from eBay. Now I’m up to $817 ! I’ve been digging through my closet full of computer/network hardware, books, dvds, antique gems (ie. stuff from pre-high school), etc. I’ll admit that some of the stuff is pretty worthless to me, but someone out there clearly finds value in it. Do I feel bad selling it? No. Since it is an auction, on average you’re bound to get fair market value for it. So I don’t feel like I’m ripping people off. In addition, I take highly representative pictures so I don’t feel like I’m deceiving people. It’s amazing how much value one has in their closet.

So you ask, “What are you going to do with your profit?” I’ve decided to roll all of my profits into one of my self-managed, ETF based retirement accounts. It feels better knowing that the money is in the market gaining ~10%/yr rather than in my closet gaining 1″ of dust/yr.

This entry was posted on Saturday, February 4th, 2006 at 3:53 pm and is filed under .plan.