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 The Auction Business Is Booming - How You Can Cash In

One area of the economy that is booming is auctions. Of course, with the spike in foreclosures there are countless auctions of real estate occurring around the country. There are also auctions related to repossessed vehicles, on paid storage locker fees, property seized by state and federal governments, and also many people just deciding to sell personal items to raise cash.

1. Bid 4 Assets
Bid 4 Assets offers a wide variety of categories, including real estate, vehicles, coins, collectibles, financial instruments, jewelry, and memorabilia.   What was especially interesting to me was the number of real estate auctions with starting bids of one dollar and no minimum reserve price.  During these tough times, if you have some money saved up this may be a unique opportunity in history to purchase assets for pennies on the dollar.  The site allows visitors to watch auctions in real time. They also have an easy to use search feature, allowing a user to quickly locate items they would be interested in bidding on.

2.  Shop Goodwill
Shop Goodwill  is a service of Goodwill Industries.  Yes, the same nonprofit organization in your town that collects donations of used clothes, furniture, and household items. The idea is a great one for the organization. Participating Goodwill locations around the country can list of selected items for sale online.   As the buyer, you need not be concerned with which Goodwill location the item is located. As an auction winner, you simply pick up the associated shipping costs and in three or four days your item arrives at your door step. Take a few minutes and you can review the items being auctioned at shop Goodwill and you will find everything from antiques to musical instruments.

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Christian Money.com provides financial information of a general nature.  Please consult your  financial adviser prior to purchasing any securities or making any investment decisions.  All investments involve risk.  Recommendations made to purchase investments are the opinion of James Paris and other contributors and do not constitute an offer to sell or a solicitation to buy any investments or securities.  Free articles on this site may be used in their entirety without permission with author credit and a link to this site.  Please contact us by e mail for questions about distribution rights of our content.  Third party advertisements that appear on this site are not necessarily endorsed or approved by James Paris or ChristianMoney.com, this includes ads provided by Google Adsense. Media booking  for James Paris arranged by contacting bob@christianmoney.com.   ChristianMoney.com  1500 Beville Road Suite 606 Box 223 Daytona Beach,  FL  32114.  We receive compensation from some products and services that are recommended on this website. This includes advertisements that may appear under an 'affiliate' arrangement which provide compensation on a percentage of each sale.  We are also compensated for certain ads on a 'pay per click' basis.  This means we earn money when these ads are clicked on by visitors to this site.

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