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I have a coin I am selling.....
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<p>[QUOTE="Prime Mover, post: 1905934, member: 38783"]Scenario 1 - My neighbor picked up a non-working backpack leaf blower at a garage sale for $5. He put $20 in carb parts and a couple hours fixing it, and turned it around for $300, not the $25 he actually put into it.</p><p><br /></p><p>Scenario 2 - My car got hit by a tree during a storm. Sold it damaged for $1500, guy turned around, parted it out and made $5000+ total in the end. I didn't expect him to give me any more than what I made the deal for in the beginning.</p><p><br /></p><p>In both cases, someone put some related expertise and time into a product, and either made it better, or did what someone else didn't have the time/experience to do. They sold it for what they could get for it in the free market.</p><p><br /></p><p>I see no difference between your scenarios and mine. All are legit. All are how the free market is supposed to work - you have a product, and you sell it for whatever the market will bear. Matters not the cost of acquisition.</p><p><br /></p><p>As long as no deceit/illegal method was used in either acquiring the product, nor any was used in selling the product, and the products sold for market acceptable value at the time they were sold, there should never be an issue.[/QUOTE]</p><p><br /></p>
[QUOTE="Prime Mover, post: 1905934, member: 38783"]Scenario 1 - My neighbor picked up a non-working backpack leaf blower at a garage sale for $5. He put $20 in carb parts and a couple hours fixing it, and turned it around for $300, not the $25 he actually put into it. Scenario 2 - My car got hit by a tree during a storm. Sold it damaged for $1500, guy turned around, parted it out and made $5000+ total in the end. I didn't expect him to give me any more than what I made the deal for in the beginning. In both cases, someone put some related expertise and time into a product, and either made it better, or did what someone else didn't have the time/experience to do. They sold it for what they could get for it in the free market. I see no difference between your scenarios and mine. All are legit. All are how the free market is supposed to work - you have a product, and you sell it for whatever the market will bear. Matters not the cost of acquisition. As long as no deceit/illegal method was used in either acquiring the product, nor any was used in selling the product, and the products sold for market acceptable value at the time they were sold, there should never be an issue.[/QUOTE]
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