by Recyclersteve » Mon Jan 26, 2015 12:06 am
I want to start a bit of a different kind of thread to stimulate some thought... What could you do in a day to scrape up an extra $20 if you had to? I don't want this to get too intense and there is no prize for the winner. The purpose is to stimulate creative thought and perhaps teach others.
Guidelines- 1) You can't do more of what you already do for a living (I.e., working OT at your job). 2). Assume that you have a vehicle full of gas that you can use. 3) assume that there are no chaotic or unsafe conditions you need to be concerned about. 4) unlike the real world, if you make $1,000 or more it is no better than earning $20. 5) I'm not gonna score all the responses, but you get one point for realistically having the potential to earn $20 in a single day. You then get one additional point for each type of income stream. 6) don't make up stuff that's you'd never do (or at least mention that you wouldn't really do it). 7) you can't sell or barter anything you already own 8) you can't get coins from a bank and look for silver or wheaties or coins of value.
I'll start. I think I could find some spare change at a Coinstar machine or in a vending machine or pay phone. Then I could give blood. And then I could do some scrapping from trash bins of local businesses or Craig's List curbside pickups.
Getting $20 gives me 1 point. The three different ways of making money gives me three additional points for a total of 4 points.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.