How does a profit of 3.9% on your high-risk investment sounds to you? Not so attractive? That’s what I earned today with my part-time Sunday Market hobby cum business. Only 3.9% profit margin. Haha 😀
Last week, I had a fairly good week, after deciding to further diversify my products of sale. Also, the weather wasn’t that good last week but our sales were pretty alright.
So, this week, I thought, let’s go aggressive and expand my stall size a lil’ bit (which means, higher stall costs). It turned out, things didn’t go as well as planned and even though there were more people at the market, sales were average. I managed to only scrape through. Just.
Oh well, what to do. Like what they say, “tulah adat berniaga.” Plus, there’s always next week.
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Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.
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I guess it’s ok as long as you make some profit.
hmmm, lol a 3.9 % profit does not sound too great
@Adam
Yup, you’re right. A profit is a profit. However, some might think that it’s a waste of time. Some would say, hey, rather than having my own business and earn so little, I might as well work and earn AUD13 per hour easily!
But of course, I’d prefer having my own business 😀
@Komodo Dragon
Yup LOL. However, on good days, I may see profit in excess of 30%. Beats putting my money in the bank any day.