Making Money on Guitars

You make or lose¬†money on a guitar at the moment you purchase it. If you know that the guitar you can buy now for $100 will bring $200 when you sell it to another person, buy it! Don’t be afraid to buy cheap guitars, but make sure you know their actual value before you reach for your billfold. A 100% return on a $50 guitar is the same as a 100% return on a $500 guitar. You just have to buy and sell more guitars to earn the same amount of money.

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