A limit order lets you specify the price you want to pay, so just enter a lower price than the current market price and catch the stock on a dip. Of course, if the stock doesn’t dip, you won’t get the lower price.
Fortunately, many roofers will come out to your home for an inspection of your old roof and an estimate of how much the new roof will cost. The first thing to take into consideration is what do you want on your roof? Materials is the biggest cost to the job, so do you want to do with the cheapest material, asphalt shingles, or do you want to go with wood shake, metal, clay or natural tile like slate? This choice should be made with a big nod towards the climate you live in. Do you get a lot of rain? Does it snow a lot in the winter? Are you prone to strong winds and thunder storms? Are you living in tornado alley? All of these things should be taken into consideration as the roof you choose will have to protect you from the elements and keep your home safe from water damage for years to come.
If you’ve spent a lot of time developing the property, you might want to charge a lot MORE than the sales figures reflect. If the domain name is memorable, or if the traffic is trending UP in a big way, or even if the site has some sort of topical relevance to an upcoming event that has gravitas or importance in the world at large…OR your local community, you can get many multiples of that amount with expeditious ease.
Now I’m not advocating a cynical view to buying. For the most part private and trade sellers are honest people simply trying to make a profit and not deceive, but it is amazing how often this lack of research happens. If you don’t believe me, look at the many stories of hugely valuable treasures being discovered at car boot (garage) sales or in auction. Remember the Chinese vase that sold in the UK for in excess of 45m, well that was valued earlier by a dealer at 800. Oops. You can’t be an expert on everything, so the lesson here, is do your research. You may not get it right every time, but it will pay dividends in the long run.
It is also a good idea to not be lazy and call more than one company to get the best price for that park n go charlotte. Now, if you really just want to get rid of the old vehicle and do not care about how much cash you get for it, by all means, go ahead and call your local tow truck company and see if they can pick up the car for free. Some towing companies will while others will want to charge you.
All of this talk about pricing led me to spending a lot of time thinking about how entrepreneurs, especially service based entrepreneurs, price their services. Here are some of the biggest takeaways my clients (and I) had as a result of our conversations this week.
For example imagine silver is primarily being used in producing film from cameras in 1940 but as cell phones become more popular in 1990 they require more silver to produce more cell phones. Now that cell phone demand is increasing; cell phone manufacturers must demand more silver from the miners and are willing to pay more to get there hand on the silver. Now the price of silver must rise to match the demand. If prices were not raised cell phone manufactures could buy up all the silver overnight and leave nothing for other industries.
The third group consists of people who price their condo at market value. They understand their local market, price accordingly, and sell quickly and for top dollar.
If it cost’s the $50,000 dollar person only $12,500 to live each year, then he has a total of 4 years living expenses. He can extract a value of 4 years from his $50,000.
