If what you say could happen then if I figured right you stand to clear $558 before expenses.
If what you say could happen then if I figured right you stand to clear $558 before expenses.
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??
He is positing he can buy wire for $1.10 and sell it for $1.52 and he has $400.
3636.36 # wire purchased at $1.10 = $4000 (he has $4000)
then 3636.36 # sold at $1.52 = $5527.27
$5527.27 - original $3636.36 investment = $1890.91 profit before other expenses.
**his original post said he only had $400 (thus mine and Mech's math), OP edited the amount so I have now edited my math =)
Last edited by ScrappinRed; 10-05-2014 at 01:01 AM.
~You have to start somewhere to get anywhere~
He said he had $4000. Also, there would be no need for a box truck if he had $400 to buy the wire.
To the OP - You could maybe make some money off of this but not as much as you expect with the numbers you gave. First, I agree you probably won't be buying from the yard at 1.10. But, see how much they would sell at. You could probably get a better price locally if you are bringing over a ton of romex so that is something to look at as well.
Last edited by ryanw; 10-05-2014 at 12:48 AM.
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