Price And Value – Waiting For A Bargain
July 19, 2012 12 Comments
“All things are sold at their highest when they are new in the market. If you have the patience to wait, you can see their true value later.”
You can read a nice post on the subject of finding bargains here:http://propertysoul.com/2012/07/19/getting-a-good-bargain/ Remember this applies to all investments too not just consumer goods.
actually at our grocery store they put new items on for a good price to get you hooked and then raise the price
Yes that’s another way to get a bargain,But isn’t there the risk that the product might be a dud and not worth buying at all?
there is always that risk – but most of the products are called President’s Choice and most of the time they are quite good – the product line is quite unrisky
Thats true, by waiting I have purchased good bargains.
Investments too?Like the author from Singapore?
Mainly products for my business.
Might I ask what exactly you manufacture?Replicas of ancient games?
Aquila, my board game is in production. The sources for materials have been obtained through hard work, at bargain prices.
A niche product?
Yes, nothing like it in the world.
How much are you planning on pricing it at?
Still to be decided.