Originally Posted by classenmindy
Originally Posted by princetyler11
Yeah, but that $200 that it's going to go up over two years is way more than the interest you'd earn from your other investments.
clearly not a business major here
I've worked as an auditor for a big 4 firm and have a job lined up at the CME, so i am a business major. 10% interest on an investment is a good return, so that $450 would turn into 495, then the second year add 545. Sure, could take that money and put it in yeezys, but I think as someone already pointed out, if you seriously need the money for the next flip, you're in the wrong business. The "smart business move" would be to hang onto these and buy the yeezys and make good returns on them both. It's not, or shouldn't be, one or the other
i feel like a major douche acting as if this is a buisness, but to say it's the "smart business move" to sell these now is just wrong, unless of course all you have is the money for one release. To bring up the "time value of money" as to why you'd take the $450 now just doesn't make sense to me, but I do have enough in the bank to buy multiple releases, so maybe that's why.
also, i should note, I don't flip anything. I buy shoes to enjoy them, but, as a "businessman", i couldn't keep my mouth shut seeing someone throw around the time value of money and why it's smart to flip these fast... it's not.