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Updated Date: 12-feb-2016
Creation Date: 22-jun-2012
Expiration Date: 22-jun-2016
This involves buying items and then selling them at a slightly higher price in the short term, often immediately after buying or even while buying. The main difference from investing, which relies on price changes over time, is that flipping exploits the spread between pending buy orders and pending sell orders as the source of profit. The buy-sell spread is created by the diversity of buyers and sellers with varying degrees of patience. Flipping is more profitable when the item can be bought and sold within a large price range, and safer when the item has a high trade volume.
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