ClowdyAllDay wrote: »
ClowdyAllDay wrote: »
You found this.
It cost you nothing, except time.
You made 930 000,
These are the facts, yes?
So if the purchaser sells it, they'll need to sell if for 1.86Million to make the same profit that you did.
They could sell it for 1 130 000; a profit margin of only 200 000. But why would they do that? You made 930K!
As a purchaser I can see that the real price is 930 000. Why would I pay twice as much for it?
I wouldn't. I'd wait until the price came down. That might take six months. I might find one myself in that time.
But I may have so much money that it doesn't make any difference and just pay the 1.8Million .
So, inflation will be the next real outcome in this process.
If ZOS decide to intervene, then they will probably adjust the drop rate downwards.
Congratulations on your find and subsequent sale.
FlopsyPrince wrote: »I should have tried to sell mine! I just learned them, silly me.
ClowdyAllDay wrote: »
You found this.
It cost you nothing, except time.
You made 930 000,
These are the facts, yes?
So if the purchaser sells it, they'll need to sell if for 1.86Million to make the same profit that you did.
They could sell it for 1 130 000; a profit margin of only 200 000. But why would they do that? You made 930K!
As a purchaser I can see that the real price is 930 000. Why would I pay twice as much for it?
I wouldn't. I'd wait until the price came down. That might take six months. I might find one myself in that time.
But I may have so much money that it doesn't make any difference and just pay the 1.8Million .
So, inflation will be the next real outcome in this process.
If ZOS decide to intervene, then they will probably adjust the drop rate downwards.
Congratulations on your find and subsequent sale.