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How Buying Scrap Gold Can Supplement Your Retirement Income

How Buying Scrap Gold Can Supplement Your Retirement Income


With the economic crisis and rising prices it is very hard to imagine living a comfortable and financially secure life, especially when you are retired. Retirement income and other retirement benefits might just make you fulfill your needs and necessities but what about the other things that you want to enjoy? Just because you are in your resting years doesn't mean your needs have decreased. There are many opportunities to supplement to your retirement income. If you can invest a few hours of your time and some light efforts, you could earn much income to satisfy all your needs and comforts.

One such very lucrative opportunity is buying scrap gold. I am an expert in scrap gold buying and I have been in this business for many years now. With all the experience and research I can say that buying scrap gold is one of the most flexible and easy ways to make very good money. Gold prices are at an all time high now. Never before have the prices of gold increased so much. And gold is forever. No matter what, the value of gold will only increase but never decrease. In this time of economic crisis you might have commonly seen that people are always willing to sell away their scrap and unused items to make quick money. And who wouldn't want to exchange their old and broken gold ornaments when they are given real good instant money to pay those bills lying pending for long?

Considering an average customer is selling $100 worth of gold, even if you pay 65% you will make a $100 before selling it to the refiner. And 10 such customers a week will give you $1000 a week! Trust me, this might sound extremely simple but I guarantee you that it is as simple as this! A survey shows that Americans are selling about $50,000 dollars of scrap gold a week! Buying scrap gold is a booming business and you are actually doing a favor to your customer as most pawn shops and jewelers only pay 50-60% you can easily pay 70% as no overhead costs are involved in the business. And this is the best price a customer can get. Considering making just a part time business out of this will definitely earn you great returns.

Buying scrap gold does not need you to have any formal training or any particular qualifications. You just need some simple tips and some common sense. Visit www.scraptocashguide.com for tips and techniques to buy and sell scrap gold.

The investment that you make to start this business is also very little. You just might typically invest as little as $50 or $100 to buy the first scrap gold. And you can roll back your initial profits to continue your business. Sometimes people make so much of a profit out of this that they quit their regular jobs and make this business their fulltime work, like I did! I can guarantee that even if you are making an average profit, you will never need to put in extra money for buying gold again.

Advertising your work is very important. It is not very difficult at all to bring awareness in people using simple methods like Craigslist and classified ads. But I tell you from my personal experience that word of mouth is the best advertisement.
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