4 ms·

You've spent half of your highest salary on bags? Feels like a lot but I'm just some guy. What was the biggest bag balance you've had on the books? Or are you b

by 1-more 2y ago

You've spent half of your highest salary on bags? Feels like a lot but I'm just some guy. What was the biggest bag balance you've had on the books? Or are you buying and flipping at most one or two at any time? When you make these trips, do you have a US buyer lined up beforehand or do you find them once you're in the US?

nine_k 2y ago
With 20% ROI collected in a few months, after all duties, it's a good deal, even if you pay with a credit card. (You can certainly get a cheaper loan if you're the kind of person to be invited to a bag-dispensing event.)
- GaryNumanVevo 2y ago
  1) My wife loves Paris 2) Credit card points + Travel miles
  - pbj1968 2y ago
    [flagged]
    - GaryNumanVevo 2y ago
      pbj is also appropriate because this comment reeks of sour grapes
  - hammyhavoc 2y ago
    Are you actually Gary Numan?
- xhkkffbf 2y ago
  Loan? I certainly hope no one is taking out a loan to do this. Well, I guess if the resell is pretty certain, then a loan is a smart business move. But really no one should be going into debt for an item like this.
  - nine_k 2y ago
    Certainly, a loan was mentioned only for reselling, as a typical business loan to finance a surefire-looking deal.
GaryNumanVevo 2y ago
I think the biggest balance I had was ~$65k at one time. I'm buying one, maybe two per trip depending on what kinds of bags collectors are looking for in the US. I don't have a buyer setup before hand, but I'm in a couple of private facebook groups that I can usually find one a few weeks before I fly to the US.
- 1-more 2y ago
  > a couple of private facebook groups There's the secret sauce: you need a high trust trade network. Well this is pretty cool. I love to learn about weird informal economies, thanks!
  - GaryNumanVevo 2y ago
    Yep! It's very similar - albeit much smaller - market to watches, collectable vinyl records, trading cards, etc. Just easier to rely on trust and word of mouth sometimes.

by 1-more 2y ago

nine_k 2y ago

With 20% ROI collected in a few months, after all duties, it's a good deal, even if you pay with a credit card. (You can certainly get a cheaper loan if you're the kind of person to be invited to a bag-dispensing event.)

GaryNumanVevo 2y ago
1) My wife loves Paris 2) Credit card points + Travel miles
- pbj1968 2y ago
  [flagged]
  - GaryNumanVevo 2y ago
    pbj is also appropriate because this comment reeks of sour grapes
- hammyhavoc 2y ago
  Are you actually Gary Numan?
xhkkffbf 2y ago
Loan? I certainly hope no one is taking out a loan to do this. Well, I guess if the resell is pretty certain, then a loan is a smart business move. But really no one should be going into debt for an item like this.
- nine_k 2y ago
  Certainly, a loan was mentioned only for reselling, as a typical business loan to finance a surefire-looking deal.

GaryNumanVevo 2y ago

I think the biggest balance I had was ~$65k at one time. I'm buying one, maybe two per trip depending on what kinds of bags collectors are looking for in the US. I don't have a buyer setup before hand, but I'm in a couple of private facebook groups that I can usually find one a few weeks before I fly to the US.

1-more 2y ago
> a couple of private facebook groups There's the secret sauce: you need a high trust trade network. Well this is pretty cool. I love to learn about weird informal economies, thanks!
- GaryNumanVevo 2y ago
  Yep! It's very similar - albeit much smaller - market to watches, collectable vinyl records, trading cards, etc. Just easier to rely on trust and word of mouth sometimes.