My first Woot! Purchase with intent to sell

So I made a purchase on Woot! the other day, and I'm pretty excited about it. I bought three Sandisk mP3 players, which sell for about $20-$25 on e-bay, for $35 total. They're pretty nice actually, I just don't need one 'cause I have my iPod. I'm hoping to make a couple bucks on this, and at least I'll have the experience of buying something on Woot! For those who don't know what Woot! is, it's a website that offers deep discounts once a day on certain products, if you get the product, you get the discount, but once they sell out, it's over. It's found at www.woot.com

Every so often, they'll get some products that are re-sellable (there's a limit of 3 items per person) and this is the first one that seemed pretty solid on e-Bay. I'm trying to find something to get me back into the e-Bay groove, but I just can't think of anything, I've hit a sales wall :'( Any ideas would be GREATLY appreciated, although I know anyone reading this would probably keep those to themselves.

Valentines Day is coming up, and...well, I think it's a fairly pointless holiday, but it does help to stimulate the economy to a small extent, so it can't be all bad. It's definitely a consumer holiday though; however, whoever enjoys it, enjoy it with all your heart, just because something might be a consumer holiday, doesn't mean you shouldn't enjoy it if you want to.

It's been a little while since my last post, sorry about that; I had 3 exams in a matter of 2 days, and that kind of adds up the other work to be done, I wasn't really thinking about the blog. I ended up getting:
ITM 309: 33/40 (82.5%)
MSC 303: 44/50 (88%)
ACC 202: 17/18 (94.4%)

I'm pretty pleased with those scores, I expected a perfect score in Accounting, but the others went well. I usually score around an 80% on the first exam, then step it up to around 95-98% on the last exams, which so far has always averaged out for a 4.0. This isn't exactly my toughest semester (I just moved on to Oxy-acetalene welding in my Welding class) but these classes still require some work. I also started thinking about what to do with my schedule: I think I'm keeping the Supply Chain major, I'm also taking all the Accounting classes (though they won't give me the extra degree) with a specialization in Entrepreneurship and maybe International Business. This should get me a good first job (goal is $60,000 a year) and from there I should be good to get a free MBA.

Anyway, I am still looking for an effective way of making money on the internet from this room. I am going to make custom magnets, if anyone has a funny idea for a magnet, I would love to hear it, if I decide to use it, you might make a little cash :)

I'll keep you all posted on how things are going. Also, the senate approved the stimulus package with a few changes, I won't outline them, but if someone wants to guest post them, I'd be happy to put it up.

Economic Stimulus Package

So the lawmakers are trying to push through an economic stimulus package. It is not a "tax rebate" because the money can go to people who do not pay taxes. It breaks down like this (at this point in time, after it goes through the senate it could theoretically change)


If you are Single:

• If you made over $3,000 and did not pay taxes, you get $300
• If you made over $3,000 and did pay taxes, you get $600
• $300 more for each kid you have
• If you made more than $75,000 you lose 5% for every $1,000 over $75,000. Over $87,000 you don't get anything.

If you are Married:

• If you made over $3,000 and paid no taxes, you get $600 (total)
• If you made over $3,000 and paid taxes, you get $1200 (total)
• $300 for each kid you have
• If you make more than $150,000, you lose 5% for every $1,000 over $150,000, stopping at $174,000

I got these numbers from bargaineering.com

I'm not quite sure whether this is based on 2006 or 2007 income, but I've heard multiple times that it is based on 2007 income. Also, I'm not sure whether or not you can get a check if you are claimed as a dependent on someone elses taxes.


I encourage everyone who gets a check to buy stuff, that's what it's for. Don't save it, or you could pay down some debt (which actually, with the credit squeeze, will help more than in previous rebates) Ideally, you would use this money to buy things you wouldn't usually buy, that was made/developed in the USA. This is the ultimate consuming with this money.

I'm rambling on now, and I'm not sure whether or not I'm making sense, but I thought I would just tell everyone some details about this. I'll keep you updated.

If I get a check (I made enough/paid taxes, but I am a dependent) then I will probably buy an xBox and a TV. That's my plans. I could just be a dick and wait to spend it till I go to England this summer :)


If you have any updates to these numbers, please feel free to e-mail me, and I'll fix them.