I’m curious if y’all have found any new hustles since scrap is so far down?
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I’m curious if y’all have found any new hustles since scrap is so far down?
surveyjunkie.com
This site actually works I have cashed out $30 in the last few weeks........I know it's not much but better than nothing if your just sitting in front of computer
Not really a new hustle but in my current situation I haven’t been scrapping much. The army doesn’t really like me strapping too much scrap on to their fuel tankers. I’m kinda hoping scrap remains down when I get back, as it might help my situation if I can buy low and sit on things till it goes back up hopefully rather quickly. But it does probably really suck for y’all depending on it at the moment.
I'm going long term on copper.
Aside from that, just the usual better than scrap option w/ ewaste.
Not banking on it, but i might get a cut on a real estate sale if i can put the right parties in a room together. It will be a question of finding the right buyer for a select piece of property. I run into a lot of different people in my line of work.
A friend of mine has a decent hustle going on with putting business deals together.He's good at making business startups happen.Gotta hand it to him ... he works hard and really puts himself out there.Not all of his projects come to fruition but enough do that i think he's making a fairly decent living at it.
I've got plenty of storage for non ferrous, and every Wednesday morning with my day job I drive right past the yard to drop off whatever I might have in the way of shred.
I'm not picking up water heaters and other steel/iron as aggressively as I used to, but if it's on my way, I'll still get it.
It's all found money anyway.
So far Board prices are holding steady so I am still scrapping CPUs/electronics but Ive only been selling boards and steel. All my non ferrous will be stored until prices are back up or until I get enough together for bulk pricing.
I did just sell 3,500 lbs of aluminum breakage at a decent price because my scrap yard was about to ship and my stuff topped off their container.
Other than that I've just been maximizing time spend on CPU resale parts. Listing a lot more stuff than I normally would. Usually it's processors ram and graphics cards but lately ive been listing certain mother boards and power supplies.
I'm actually planning on growing. The reasons may sound odd, but here's my logic:
If a business can profit in scrap with today's markets, they'll be sitting pretty when the market improves. If you don't want to try to make money in lower markets, find a way to still use the time for your business. Take the time to work on your practices to improve efficiency, so when you come back, you can use the now good markets to really make hay while the sun is shining. Or in my case, upgrade facilities and make some equipment (What? Doesn't everyone build their own equipment?) Seriously? Okay 406, maybe it's just the two of us that have farmer ingenuity. But, that comes in handy:
Last month, I built a new-to-the-business trailer, and worked on upgrading hard drive testers so I can test for you guys faster. Next month, I'll probably start making a new building for the recycling side of my business
That's also my side hustle. Making hay. And driving a Kenworth. Why not? If I can make some extra money, I'm all for it. Sure, I do other stuff when the market is down. But, when it rebounds, I want to be ready to pounce
Yep ... good move. One of my mentors always said " Expand during the bad times, not the good times."
We are currently expanding too, now is the time to work on procedures and creating a standard operating procedure for when things pick up again. That way everyone will be up to speed and ready to tackle the busy times.
It has also given me time to make new contacts in the business, this will allow me fetch better prices for computer components in bulk, which in turn means I can pay more.
Im not doing anywhere as much scrapmetal as i was. But am still cleaning up what I have sitting around.
My Escrap piles probably over a Ton but its a 450 mile journey to get it to a buyer, who pays about 1/3rd of the US price for it. They have said that they will pay extra because the distance, but need photos to judge it.
I dont have a car thats viable for towing a trailer at the moment and petrols US$1.45/litre here.
I have bought several cars of the same model etc. I find they all have similar probems & I have learnt a lot in that time.
Considering the car, parts are fantastically cheap from overseas. What i pay $200 for here in NewZealand,, i pay $40 for on ebay inc postage from Europe.
I have figured out how to fix certain things that go wrong at certain times/milage. At garage rates of NZ$100/hr ( US$66 ) its not worth fixing them. But at my time $ it is.
A certain small part, Coolant Temperature Sensor, may be bad & cause near unrelated problems.
Garages cant waste time trying to figure it out @ $100/hr. You either specialise in them, or you dont work on them at all.
So between that & my house & looking for a well paying job, even minimum wage here is well paying considering my tiny overhead costs. Min wage is about NZ$17, soon in a year or 2 NZ$20/hr (US13.50)
Im a qualified Machinist/Welder.
Aluminiums at a standardly nice price of NZ$1,oo /Kg. NZ$1.50/Kg for 3xtrudion
Lightgsuge is $100/Ton. Probably $70 @ my yard
Coppers actually at a nice high price thats not been seen for a long time. NZ$7.oo / Kg
I took a shopping bag full of Copper in last week & got $41, that got me a $10 phone top up, car indicator bulb, food & coffee.
I'd redeemed a voucher for $5 last week at my car parts shop & got a indicator bulb then because its handy to have one, now two, if one blows ( I replace both bulbs when one blows ) @ $4.50 each.
There was some server power supplys laying about taking up space, so they got scrapped this week, not much $ wise but enough to fill the bottom of my scrap containers.
Almost everyone was affected by this huge data breech
Fill out form online to claim $125
https://www.equifaxbreachsettlement.com/
Apparently I moved into selling concrete cleaner and sealer. Ended up with almost $20k retail worth of this stuff from an auction lol. I'd be happy with 25%
Is my day job considered a hustle? lol
Ohh gawd ... i know this won't be popular ... but maybe honest ?
One of the definitions of prostitute:
a person who misuses their talents or who sacrifices their self-respect for the sake of personal or financial gain.
:D
I don't care who you are or what you say, that's funny.
Pot calling the kettle black maybe (this isn't me or my truck) but..
https://mdbhayes.files.wordpress.com...3/overload.jpg
I'm still picking up computers and phone systems so I have no complaints on prices. Finding more computer parts that can be sold to SMF buyers and I'm finding companies that refurbish business phones and systems. Thank you Google.
After a few recent pickups, I am replacing my computer with a newer one and now have dual 25" monitors.
My wife has a bigger monitor for her computer and is getting a newer printer because her old one died.
It's kinda sad. I think we all have to compromise ourselves to some degree or another on our regular day job. We're not all that different from the working gal on the street corner. Sometimes ... you gotta do what you gotta do to make that paycheck and pay the bills every month.
You can't eat your pride .... but you can swallow it ! ( She swallows her pride too. ) ;)
The question i always ask myself:
Would i be doing this job if i were independently wealthy ?
The answer is always:
ROTFLMAO ... OH HELL NO !
I would give my two weeks notice in a heartbeat and go live life more on my own terms.
your a good man giving 2 weeks if you the lotto
I feel no shame in collecting metal and e-waste part time, or if I had to/wanted to I would feel no shame doing it full time either. I would feel genuine shame doing nothing or something dishonest for my wife, son and self to survive.
I just think it's funny, I guess I am a part time hooker by definition (to a point) both with scrap metal/e-waste and IT contract work, and sometimes with my full time career - a full time hooker. LOL
I was self employed as a master carpenter for a good many years but it came to a point where there just wasn't any joy in it anymore. In one way or another, it was all about the money. Taxes and operating expenses. DIY's that think they know everything and nickel & dime you to death. Having to compromise the quality of the work to meet a certain price point.Working on old buildings that should have been torn down instead of being rebuilt. New, lower quality, factory built homes being trucked in from Canada that will have to be torn down by the time the mortgage is paid off. I just said the hell with it and retired from the trade.
Nowadays i pump gas for a paycheck. There's more honor in that. I've found that it works pretty well if you try to treat everyone with dignity & respect. They will generally return the favor in kind. You do get a few A-holes here and there but it's really more about them than it is about me. Sometimes they're just having a bad day. Sometimes they're just miserable and unhappy people that are having a crappy life.There's no need for me to make their problems my problems. I try not to take the things they say and do personally.
It's just business. ;)
https://www.inboxdollars.com/r/1189731446?ref_src=link
Just got my first pay out.........It isn't much but it keeps my mind going because if I sit down to watch tv I just fall asleep and then nothing gets done
Make sure you are using the website mentioned above. Unfortunately, there are fake sites being set up by fraudsters to cash in on this unfortunate situation. Also, the claim is not for $125, but "up to" $125 and it has already been mentioned that the final amount (depending on how many people participate) will likely be MUCH LESS. Based on my almost 20 years employment in the financial industry and experience with hundreds of class action suits, I'm guessing the final payout will be $10-30 per affected party. So don't get too excited about the $125 figure.
.....
A website with info on many dozen different gigs is...
SideHusl - Find the Best Money Making Option for You
I've done Amazon Flex deliveries and Uber Eats deliveries, but need to give a BIG WORD OF CAUTION about both of them. I got into an accident in late January while driving for Amazon. No person got hurt- just the two vehicles. Amazon paid the claim for both me and the other party that I hit. So I figured everything was ok. Then in July I get a letter from my personal insurance carrier, GEICO. They said they were canceling my auto policy, effective immediately as the insured vehicle was being used for deliveries. What the hell? Amazon's insurance company (Zurich National) paid the entire claim- GEICO didn't pay a penny. And still GEICO wanted to cancel my policy. That sure sucks. I tried calling GEICO back and asking about a commercial policy, but they said they don't quote those.
I started calling around to a bunch of other insurance companies. The rates were basically $2,000-$4,000/year. That is ridiculous for someone who is already covered by commercial policies from Amazon and Uber. Also, the pay on both jobs (after you deduct car expenses) is less than minimum wage. And neither job has benefits. How in the world am I supposed to be able to afford to pay that much for car insurance?
I called a couple Domino's pizza places to ask who they used. One of the guys told me he used GEICO. I thought to myself that if he tells them what he does for a living, they will cancel his policy immediately. If he doesn't tell them and gets into an accident, chances are that his claim will be denied by GEICO. So what is someone supposed to do?
Keep in mind that more and more insurance companies are expecting you to attach tracking devices to your car. If they said they could see that you made 30 stops at houses in the same zip code over a period of a few hours, it would be pretty hard to say you were not doing deliveries.
I have complained to the Dept. of Insurance in my state and am awaiting a response from them. This is a bigger problem than many people realize.