Craigslist Ad: Curb Alert Invest-able Capital!
by Bradley Voight on 05/31/15A "Shocking Number of Americans have no retirement savings" is a head line on CBS moneywatch. I have been shouting from my blog since I started it in March of 2012 these bullet points
- Metals fill the curb sides of every neighborhood in every city every trash pickup day.
- Metals are actually free money in disguise masquerading as rubbish.
- If you have a garage and a few extra trash cans, you can stockpile $200-$500 worth of metals even at currently depressed metals prices.
- In the time you are wasting watching re-runs of CSI: Des Moines, you could pick up some metals.
- I've picked up $1450+ worth of metal in very, very little of my spare time. What if there were 100 people who did that and pooled the money ($145,000) into 3 high quality dividend paying stocks and 2 speculative companies with growing revenues?
- Scrap metal money is dead money never to be realized if it hits the landfill. There are literally millions and millions of dollars thrown away every day disguised as hideous trash! This is real money, just as real as the cash in your pocket or the balance on your debit card.
- The internet is actually a free information machine where an average person has vast knowledge at the click of a button on virtually every subject, but in particular, investing in public companies. There are HUNDREDS of sites that are totally free and full of very useful knowledge.
- There are no excuses for having no savings, even if you have large debts always save even if you can only afford $20 a month (I could find $20 worth of cans at 1 liquor store in a less than a week) GET STARTED NOW.
- Start out by using scrap metal as a mini emergency fund. Before I go to the savings account for 1-200 bucks, I go to the scrapyard with some of my stockpile.
- Churches, students, community organizations, all can make money from metal recycling. Someone in your church, community, etc. works in finance. Get them to manage a 8 to 12 stock portfolio of high quality dividend paying companies or invest in a low cost S&P 500 index fund. Universities have endowment funds, why couldn't your neighborhood form a trust fund? A neighborhood investment trust (NIT) community endowment run pro bono by an investment professional from the community? Just a thought of mine.
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