We have personally experienced some recessions and down turns. Only two of them temporarily hurt me. The first one I even noticed was in the 70's. It was messy with a lot of moving parts. Iran, oil, interest rates, inflation, hostages, wage and price freezes, etc. 2000's the housing crisis/crash, foreclosures, cash for clunkers, etc. 2020 the big C along with the big reset, free money, etc. This one actually helped resellers but now we are paying the price for a lot of bad decisions by our politicians. I am afraid the younger generations will not understand that it is not the end of the world. We need strong, problem solving leadership to avert a major crisis. A little luck wouldn't hurt.
unfortunately no one with the stuff we need is really willing to run due to the NEGATIVE stuff that they will have to endure mostly from the press and others wishing their down fall. Who wants a $400,000 a year job that basically will crush you.
He can be trusted to give away the books! I won The Power of Habit some time back. The book came quickly and was a great read. I'm actually reading it again and I very rarely read a book twice. My home in Tampa, the interest rate was 14%. Unreal. Thankfully, the house I have now is paid for. Had two large disability checks and I cashed in my 401K and paid cash for a really cheap house. Still have a hard time weathering the storm since I'm disabled and can't go back to working 80 hours a week. But somehow things keep working out, somehow.
Agree with your assessment. Even God’s word says to not be slave to the lender. If you have debt, work aggressively to pay it off fast. Then live within your means.
My wife and I absolutely find your videos and your channel an informative and entertaining tool we use for our newly started eBay store. Thank you and we look forward to more videos. Keep up the great work. .
All you said is so true. Paid our house off this past year. Life completely debt free. Resale to build a savings that affords us to buy a car or whatever we find we need. I sure hope 2024 has better days ahead of us
Great RUclips channel Mike! My wife and I are new resellers on eBay out of Oklahoma. Both born and raised in CA but had to escape the taxes there. Can’t agree with you more on the news, it’s very repetitive and negative. Added your channel to my favorites.
This is the timeline I keep showering everyone. Q4 spending ends in Jan with the use of gift cards. Early tax returns to may and that’s it NO extra $$$$ left. And a brick wall hit hard
Hello from WNY. Yes, i don't watch tv news anymore. I am informed through other ways. I think some young people will be shopping second hand stuff because of their economic situation.
I was selling RE in the 80's and it was tough! That's when all the creative loans started and was the only way some people could buy. I am hopeful for better times! Great Video Mike.
Mechanical keyboards have a great market, especially if they are customizable. Cherry is a German brand that creates computer peripherals, very famous in the custom keyboard community. That's a great find!!
I used to work for a Christian Publishing Co. that sold Bibles and I've been selling books since 1978. I have never seen a Bible like that. I would list it at $300 and see what kind of interest you get.
I would love those books. I appreciate all the knowledge you pass along to your viewers. I've been focusing on Media and sometimes I surprise myself with some of the sold comps. 😂
I'm old and I remember the 70's recession, I went through it with two small children and a drunk abusive husband. Times were really bad then. They are much better now, better husband I bought and paid for my own house. While I do owe on my student loan it's not that much, however, from past experience I know to be very careful and keep extra money put back. Just because you own your house doesn't mean your safe. You have to have the tax money and up keep money for that house. Our city is really bad about handing out fines for the grass being to long or two many cars parked at your house. It seems like once they target you they get you for everything. When money gets tight that is when the scammer's come out, be very careful to check your bank balances. One of my friends had there's gotten into, just a little at a time at first then wham they emptied it out. Things may get a lot worse and while money is still floating around now, save save save.
Yes you’re right interest rates were at 18% but the houses were 50,000 you could have one income and buy a home in a GOOD neighborhood. You can’t compare apples to oranges. My in-laws bought their home that’s 1300 square foot for 48,000 by the beach and we bought a home that is 30 minutes inland 900 square foot for 410,000 . You can’t compare!!!!!!!!! And now that same home that we bought is now 700,000 with a 7.5 interest rate. You can’t compare. I know that the older generation wants to try to compare because their interest rates were 18% or 22% but the homes were dirt cheap
I'm not comparing. Back then my FATHER IN LAW made $130 a a week the mortgage was $125 about 25% of his income. Today the same formulas are in place. Around 25% of you income. Even when I bought my current CA. home it was $240,000 no way did I think it would go to 1.6 million. INSANE! I'm just referencing the facts that YES, things are out of proportion compared to my time. That's why it's going to require a lot more money going forward for anyone including my GRAND KIDS. Thanks for watching.
Hi Mike I can't find the video you made the comment on about shipping. that you do a flat rate and figure it as small medium or large. I'm in california as well. can you let me know if you have a video on your shipping? I cant seem to find one in the library here. I need to just be able to eyeball it and move on. The calculated is alot to deal with. Here's another question. do you ship internationally? and how do you go about that. ? im always afraid if it isnt weighed and boxed already with perfect weight and measurements i'm going to miscalculate and be horrified at the shipping cost. anyway. thank you. Love the channel ~Holli
I don't have a specific video on shipping still trying to do one on it. Use ebay global shipping and just ship normally. eBay will do the rest once it hits one of their hubs. It is actually very safe to do it that way and you will probably never have any issues.
Good one Mike and may be more then the three things lurking out there that can impact us resellers. But like I always say, you can't dwell on it - just keep on keepin' on and focus on the things within our control. The rest is just noise. Your point is well taken though. Regards!!
Dia de los Muertos is fascinating! I discovered it about 20 years ago and could not believe such a thing existed and I hadn't heard of it before. @@goldenstatepicker
Sorry I had to leave that message, good wishes to you and your business. I will continue to watch you, but I'll keep my comments to myself. It's obvious to me ebay will dump us, I'm not stupid, just don't like the way they're going about it.
What a bizarre international shipping setup ebay has. I'm almost as far East as you can get in NY, and my international shipping hub is closer to you (near Chicago), and yours is closer to me. And I ship almost every item via ground advantage, so I don't think flight patterns enter into it. Weird...
@@goldenstatepicker I am pretty sure that Glendale Heights is ebay's international hub for me. When I print a packing slip for those items, there is a huge add on of shipping fees for everything that goes through that address.
Do you think the student loan repayments mean less spending, more people looking for pre-owned on eBay, or more people becoming resellers to make ends meet? Some of each I'm sure! I guess we will see the net effect come Q1 of 2024.
I think it has to have an effect on the economy. You have 43 million with loans. Three years nothing and now it kicks in. I think it could work a little for us but also against us.
Everyone I listen to is predicting a recession early to mid 2024. Credit card debt at highest levels and savings rate the lowest. A bigger middle east conflict will only worsen the outlook economically.
I know you don't like negatives, but you missed the biggest threat to sales on ebay is ebay itself. They just cancelled 1/2 of our inventory. They did this for practically nothing. They're AI and algorythm picks up something and your screwed. Not only did they do that but we had watchers and after they took down a unit she wanted, she contacted us and asked if she could still buy the unit and ebay evidentally was watching our account and sent this person a note telling her why this wasn't a good idea. I find this big brother thing BS and furthermore I thought this was my business and this item belonged to me. I haven't had a boss in 35 years and I don't want to report to AI, which has no soul.
Weird. I have never had that issue. I have had single items missing but not as many as you. Really strange to hear you say that. I'm thinking AI with be changing everything.
OOOOH I would like the books. When done with them, I will sell them on eBay. HA HA! kidding. I will pass them on to someone who could benefit from them.
I try to stay on top of Ebay. I listed a vintage Ouija board, but there were 34 pages of them. So, to get it moving, I promoted the listing by 51.1% So Ebay would've gotten over half the profit! Then I scrolled through all 34 pages of Ouija Boards and it wasn't in the listings. I called Ebay and they said it was a problem on their end and would try to figure it out. So here it is Halloween and my Ouija Board is not listed in the Ebay listings. The dude I spoke with at Ebay said it should be on the 1st page, plus it only shows that I have one view on it, which would've been ME looking at it when I first listed it. So where it is, I have no clue and wonder how many other listings I have that aren't visible.
@@goldenstatepicker And Halloween is over and I have the Ouija board on 52% promoted listing and I still can't find it! And they're about to knock me down from Top-Rated to Above Standard and they tell me I'm doing everything I'm supposed to be doing to be a Top-Rated Seller, but....they can't tell me WHY they're bumping me down.
Lots of people over 40 have student loans, either for themselves or parent plus loans for their kids. It's a widespread issue. 4 more payments and I'm done
By saying it's a problem to give people free money does two things lets everybody know where you're coming from and also that you fundamentally do not understand the topic. But that's okay you will remain one of my favorite eBay RUclips content creators 💕
I understand the topic very much so. You just can't punish groups of people giving away FREE MONEY. Someday we all pay and it may be soon. I've been around far to long to not understand what has been going on in our country. People are struggling and it's a huge problem now.
@@goldenstatepicker So your message is, "if no relief for me, no relief for thee". I would suggest you read one of those Bibles you have lying around but you know as well as I do those books are good for nothing. Also, FYI...it's all printed money and inflation is a feature not a bug of capitalism. How many more billionaires are there now compared to 10 years ago. When the people at the top start jumping off skyscrapers without a chute you can start the doom & gloom speech. This country SHOULD invest in it's citizens and make college free. That will improve the economy, decrease crime and actually make a difference in people's lives. But talking to someone from your generation, you know, bought you're house for less than what you earn in 4 years crowd is futile. You know it all and despite having way more voting years under your belt you'll sit there and take no responsibility for what your generation ushered into reality. Thank you!
@@l3LiTzYou are correct, and I agree with you. It's not the fault of capitalism, but it is the fault of people who have broken the rules of capitalism, and used it as a weapon against the general population. But the result is the same.
I fear you are correct about the declining economy of the United States. There just isn't anything in the near future that looks promising. With the help of God above we may change administrations at the beginning of 2025. Until then it is not looking good. Let's just hope the damage isn't too massive. It already is quite bad.
If a Republican gets in office in the next election cycle, you're going to see a depression in this country. The both of you lack a fundamental understanding of what's actually happening. And it sickens me that you could see such low life behavior from Republicans, and still want them back in office. Absolutely disgusting.
We have personally experienced some recessions and down turns.
Only two of them temporarily hurt me. The first one I even noticed was in the 70's. It was messy with a lot of moving parts.
Iran, oil, interest rates, inflation, hostages, wage and price freezes, etc.
2000's the housing crisis/crash, foreclosures, cash for clunkers, etc.
2020 the big C along with the big reset, free money, etc. This one actually helped resellers but now we are paying the price for a lot of bad decisions by our politicians.
I am afraid the younger generations will not understand that it is not the end of the world.
We need strong, problem solving leadership to avert a major crisis.
A little luck wouldn't hurt.
unfortunately no one with the stuff we need is really willing to run due to the NEGATIVE stuff that they will have to endure mostly from the press and others wishing their down fall. Who wants a $400,000 a year job that basically will crush you.
He can be trusted to give away the books! I won The Power of Habit some time back. The book came quickly and was a great read. I'm actually reading it again and I very rarely read a book twice.
My home in Tampa, the interest rate was 14%. Unreal. Thankfully, the house I have now is paid for. Had two large disability checks and I cashed in my 401K and paid cash for a really cheap house. Still have a hard time weathering the storm since I'm disabled and can't go back to working 80 hours a week. But somehow things keep working out, somehow.
Agree with your assessment. Even God’s word says to not be slave to the lender. If you have debt, work aggressively to pay it off fast. Then live within your means.
Yeap! The book "The Richest Man In Babylon" is a good book for any young person to read.
My wife and I absolutely find your videos and your channel an informative and entertaining tool we use for our newly started eBay store. Thank you and we look forward to more videos. Keep up the great work. .
Thanks so much for watching.
All you said is so true. Paid our house off this past year. Life completely debt free. Resale to build a savings that affords us to buy a car or whatever we find we need. I sure hope 2024 has better days ahead of us
Hey Mike, I’m struggling to get views on some of my items on eBay. I’d love to see a video with your tips to increasing sales on eBay
Great RUclips channel Mike! My wife and I are new resellers on eBay out of Oklahoma. Both born and raised in CA but had to escape the taxes there. Can’t agree with you more on the news, it’s very repetitive and negative. Added your channel to my favorites.
Thanks so much for watching and being a subscriber.
Glad to know you are a smart American in a lost area of our country. Appreciate your work Mike 💪🤠
I know it's a battle every day around here.
This is the timeline I keep showering everyone. Q4 spending ends in Jan with the use of gift cards. Early tax returns to may and that’s it NO extra $$$$ left. And a brick wall hit hard
We might just hit that wall. Things have to change or we are going to have another crash landing. A RESET. Not good.
Hello from WNY. Yes, i don't watch tv news anymore. I am informed through other ways.
I think some young people will be shopping second hand stuff because of their economic situation.
I think reselling is always good if you have the right set up and the attitude to make it work.
I was selling RE in the 80's and it was tough! That's when all the creative loans started and was the only way some people could buy. I am hopeful for better times! Great Video Mike.
Yeah, Adjustables etc. There were some funky things going on.
I have learn a lot from your channel. Watch so many of your content. Thanks.
Super thanks for watching my channel.
Mechanical keyboards have a great market, especially if they are customizable. Cherry is a German brand that creates computer peripherals, very famous in the custom keyboard community. That's a great find!!
Pao always comes through. LOL.
Thank you Mike for all your content, it’s really helpful!👋 I’m familiar with author , but never heard about those books
Great info as usual,if the government would stay out of the way, prosperity will thrive.
It's nuts how much control they have over our lives. Now trying to control speech and more. AI will really be an issue.
I used to work for a Christian Publishing Co. that sold Bibles and I've been selling books since 1978. I have never seen a Bible like that. I would list it at $300 and see what kind of interest you get.
I would love those books. I appreciate all the knowledge you pass along to your viewers. I've been focusing on Media and sometimes I surprise myself with some of the sold comps. 😂
Thanks for watching. Someone has taken the books, but if they don't answer I will go down a list.
The books sound great! Thanks for all your advice and knowledge.
I'm old and I remember the 70's recession, I went through it with two small children and a drunk abusive husband. Times were really bad then. They are much better now, better husband I bought and paid for my own house. While I do owe on my student loan it's not that much, however, from past experience I know to be very careful and keep extra money put back. Just because you own your house doesn't mean your safe. You have to have the tax money and up keep money for that house. Our city is really bad about handing out fines for the grass being to long or two many cars parked at your house. It seems like once they target you they get you for everything. When money gets tight that is when the scammer's come out, be very careful to check your bank balances. One of my friends had there's gotten into, just a little at a time at first then wham they emptied it out. Things may get a lot worse and while money is still floating around now, save save save.
All the best and thanks for the comment.
Hi Mike, about that feeling in the air…yeah my daughter & I feel it too.
We plan for all eventualities.
I would really like those books.
Someone already got in but if they don't take them I will ask others. Sure feels a bit different now. Just feels like a very big cloud is over us.
@@goldenstatepicker not to worry. Reading about the stoics right now.
I feel like somethings not right everytime I purchase gas and groceries.
Ain't that the truth. Funny how we know the prices of everything we purchase to eat compared to 3 years ago. NUTS.
Yes you’re right interest rates were at 18% but the houses were 50,000 you could have one income and buy a home in a GOOD neighborhood. You can’t compare apples to oranges. My in-laws bought their home that’s 1300 square foot for 48,000 by the beach and we bought a home that is 30 minutes inland 900 square foot for 410,000 . You can’t compare!!!!!!!!! And now that same home that we bought is now 700,000 with a 7.5 interest rate. You can’t compare. I know that the older generation wants to try to compare because their interest rates were 18% or 22% but the homes were dirt cheap
I'm not comparing. Back then my FATHER IN LAW made $130 a a week the mortgage was $125 about 25% of his income. Today the same formulas are in place. Around 25% of you income. Even when I bought my current CA. home it was $240,000 no way did I think it would go to 1.6 million. INSANE! I'm just referencing the facts that YES, things are out of proportion compared to my time. That's why it's going to require a lot more money going forward for anyone including my GRAND KIDS. Thanks for watching.
Hi Mike I can't find the video you made the comment on about shipping. that you do a flat rate and figure it as small medium or large. I'm in california as well. can you let me know if you have a video on your shipping? I cant seem to find one in the library here. I need to just be able to eyeball it and move on. The calculated is alot to deal with. Here's another question. do you ship internationally? and how do you go about that. ? im always afraid if it isnt weighed and boxed already with perfect weight and measurements i'm going to miscalculate and be horrified at the shipping cost. anyway. thank you. Love the channel ~Holli
I don't have a specific video on shipping still trying to do one on it. Use ebay global shipping and just ship normally. eBay will do the rest once it hits one of their hubs. It is actually very safe to do it that way and you will probably never have any issues.
Good evening Mike. I would like the books. Thanks for all you do.
Hello from Georgia. Just getting started selling books. I enjoy your channel.
Thanks for watching appreciate it.
Good one Mike and may be more then the three things lurking out there that can impact us resellers. But like I always say, you can't dwell on it - just keep on keepin' on and focus on the things within our control. The rest is just noise. Your point is well taken though. Regards!!
Thanks for the comment and watching.
All good information to consider. I think the key might be to sell items people need not want.
Yes, always will be buyers of things. We just need to find those things!
Wow! These books like great reads.
Thanks for all you do and the wisdom you espouse!
Thanks for watching
I would like the books! Thanks for the great content!
Have someone already I will let you know if they don't respond. I always have more coming. Thanks for watching
The rats at 26:55 are big decorations for Dia de Los Muertos, so that is on November 2nd, so you could've held them a couple more days.
Thanks for that information. Didn't know that.
Dia de los Muertos is fascinating! I discovered it about 20 years ago and could not believe such a thing existed and I hadn't heard of it before.
@@goldenstatepicker
Thanks Mike!
Sorry I had to leave that message, good wishes to you and your business. I will continue to watch you, but I'll keep my comments to myself. It's obvious to me ebay will dump us, I'm not stupid, just don't like the way they're going about it.
Love to have a read on one of the Tim ferriss books
I want those books
What a bizarre international shipping setup ebay has. I'm almost as far East as you can get in NY, and my international shipping hub is closer to you (near Chicago), and yours is closer to me. And I ship almost every item via ground advantage, so I don't think flight patterns enter into it. Weird...
I've been selling a lot to a company in Glen Heights Illinois. They must be jobbers.
@@goldenstatepicker I am pretty sure that Glendale Heights is ebay's international hub for me. When I print a packing slip for those items, there is a huge add on of shipping fees for everything that goes through that address.
Hi I hope not ! Love the books and my best book is still atomic habits thanks Mike
Someone already accounted for the books. I will have more in the future. Thanks again for watching.
Nice video as always but I also want those books
Man, I just sold two Volkswagen manuals. One was a Chilton's and I cannot remember the brand of the other one. Volkswagen manuals are bolos for sure.
RED HOT! I just sold another one.
Do you think the student loan repayments mean less spending, more people looking for pre-owned on eBay, or more people becoming resellers to make ends meet? Some of each I'm sure! I guess we will see the net effect come Q1 of 2024.
I think it has to have an effect on the economy. You have 43 million with loans. Three years nothing and now it kicks in. I think it could work a little for us but also against us.
Great video and a lot of great knowledge I love to win those books and books in general. Just doing books here in colorado
Nice. The books are taken and shipped. I do others from time to time so keep watching.
Great videos Mike, I would like the books. Hope you are doing well.
Have someone already I will let you know if they don't respond. I always have more coming. Thanks for watching
Hey mike love your vids I sure hope to get the books. Things are slow
Have someone already I will let you know if they don't respond. I always have more coming. Thanks for watching
Oh, just to let you know we had over 1000 in inventory and they took it down to 400
Still can't understand why. So, literally gone?
Everyone I listen to is predicting a recession early to mid 2024. Credit card debt at highest levels and savings rate the lowest. A bigger middle east conflict will only worsen the outlook economically.
I know you don't like negatives, but you missed the biggest threat to sales on ebay is ebay itself. They just cancelled 1/2 of our inventory. They did this for practically nothing. They're AI and algorythm picks up something and your screwed. Not only did they do that but we had watchers and after they took down a unit she wanted, she contacted us and asked if she could still buy the unit and ebay evidentally was watching our account and sent this person a note telling her why this wasn't a good idea. I find this big brother thing BS and furthermore I thought this was my business and this item belonged to me. I haven't had a boss in 35 years and I don't want to report to AI, which has no soul.
Weird. I have never had that issue. I have had single items missing but not as many as you. Really strange to hear you say that. I'm thinking AI with be changing everything.
I would like those books
Someone already claimed the books. I will be giving more books away down the road so try to get in first. Thanks so much for watching.
I want these books
OOOOH I would like the books. When done with them, I will sell them on eBay. HA HA! kidding. I will pass them on to someone who could benefit from them.
Have someone already I will let you know if they don't respond. I always have more coming. Thanks for watching
Very informative video!! I’d love to win the books. Good luck to everyone.
Someone already accounted for the books. I will have more in the future. Thanks again for watching.
I try to stay on top of Ebay. I listed a vintage Ouija board, but there were 34 pages of them. So, to get it moving, I promoted the listing by 51.1% So Ebay would've gotten over half the profit! Then I scrolled through all 34 pages of Ouija Boards and it wasn't in the listings. I called Ebay and they said it was a problem on their end and would try to figure it out. So here it is Halloween and my Ouija Board is not listed in the Ebay listings. The dude I spoke with at Ebay said it should be on the 1st page, plus it only shows that I have one view on it, which would've been ME looking at it when I first listed it.
So where it is, I have no clue and wonder how many other listings I have that aren't visible.
HAppens more than we would like it to.
@@goldenstatepicker And Halloween is over and I have the Ouija board on 52% promoted listing and I still can't find it!
And they're about to knock me down from Top-Rated to Above Standard and they tell me I'm doing everything I'm supposed to be doing to be a Top-Rated Seller, but....they can't tell me WHY they're bumping me down.
Good thing I sell my items to people over the age of 40. Student loans won't affect my sells.
Lots of people over 40 have student loans, either for themselves or parent plus loans for their kids. It's a widespread issue. 4 more payments and I'm done
43 million that is huge. We will see just how that shakes out.
I want the books
👍
Hi Mike, I’d like to win the books. I gain so much knowledge for reselling from your videos. Thank you so much!
Debbie
Someone already claimed the books. I will be giving more books away down the road so try to get in first. Thanks so much for watching.
I'd love the books, Mike!
First in so please send info via ridesharereseller@gmail.com
Boo
When you say, "bins" you mean the gaylords, correct? Goodwill has bins so wanting to understand if that's what you mean.
Yes, they are gaylords of books.
By saying it's a problem to give people free money does two things lets everybody know where you're coming from and also that you fundamentally do not understand the topic. But that's okay you will remain one of my favorite eBay RUclips content creators 💕
I understand the topic very much so. You just can't punish groups of people giving away FREE MONEY. Someday we all pay and it may be soon. I've been around far to long to not understand what has been going on in our country. People are struggling and it's a huge problem now.
@@goldenstatepicker So your message is, "if no relief for me, no relief for thee". I would suggest you read one of those Bibles you have lying around but you know as well as I do those books are good for nothing. Also, FYI...it's all printed money and inflation is a feature not a bug of capitalism. How many more billionaires are there now compared to 10 years ago. When the people at the top start jumping off skyscrapers without a chute you can start the doom & gloom speech. This country SHOULD invest in it's citizens and make college free. That will improve the economy, decrease crime and actually make a difference in people's lives. But talking to someone from your generation, you know, bought you're house for less than what you earn in 4 years crowd is futile. You know it all and despite having way more voting years under your belt you'll sit there and take no responsibility for what your generation ushered into reality. Thank you!
Take responsibility for your own life instead of pointing fingers at others @@l3LiTz
@@l3LiTzYou are correct, and I agree with you. It's not the fault of capitalism, but it is the fault of people who have broken the rules of capitalism, and used it as a weapon against the general population. But the result is the same.
I fear you are correct about the declining economy of the United States. There just isn't anything in the near future that looks promising. With the help of God above we may change administrations at the beginning of 2025. Until then it is not looking good. Let's just hope the damage isn't too massive. It already is quite bad.
Yeap, something isn't right and it might be a tough road to sled. 33 Trillion is just a crazy number. When does it stop?
If a Republican gets in office in the next election cycle, you're going to see a depression in this country. The both of you lack a fundamental understanding of what's actually happening. And it sickens me that you could see such low life behavior from Republicans, and still want them back in office. Absolutely disgusting.