business, page-3

  1. 136 Posts.
    I don't see much upside in second hand goods and agree in relation to price of new electricals and such coming down. Last time I was in a cash converters store the stock was trash. Old expensive and big. Could buy smaller, better products new and cheaper. However thney do make good money from jewelry and high interest/fee loans. That vside of the business is hugely profitible and growing. Loans for up to $3000 for battlers and loosers. But this market may get very crowded with a lot of big players now c hasing the money. GE is one big company and another is too list shortly on the asx. Cheers,
 
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