Selling Everything | Ramblings of an e-trader

Sunday, 22 February 2009

Selling Everything

I read about the family who placed everything they owned on eBay as they needed to downsize. The only thing they did not sell were their bed, toys and the children. LOL Well, while I make light joke of it, I actually have been in that kind of financial position before so I do understand how desperate we could be sometimes.

A friend lost his job not too long ago and he is in this position right now. Although he does not have to support a wife because he is already divorced and he doesn't have to support his children anymore because both of them are already adults, without a job, he is still in need of money for his daily expenses.

He is right now selling everything that has value, including some rare coins. I told him not to simply sell them off without checking their real value yet, and if possible, not to sell them at all because one never know their potential value sometime in the future, right?

He, on the other hand, believes that he could trade in rare coins later when he is more stable financially. Hmm he is right too.

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