Shoemoney System Review & Overview

Monday 15th February, 2010

OK, now we get into some “meat and potatoes” with this video — at least for me anyway, as I know absolutely nothing about arbitrage at all. I’ve heard the term being bandied around for many years but, for some reason, never bothered to delve deeper into the topic to learn more about it. So this video was a bit of a revelation to me.

In financial circles, arbitrage is the activity of buying shares or currency in one financial market, to sell for a profit in another market. The profit is made from the financial imbalance between the two markets, and really only applies when you are buying and selling the same commodity.

Seems straightforward enough, but how does it apply to making money on the internet? Well there are many, many ways actually. Jeremy spoke about his experiences with buying old second-hand computers from one source, then breaking them up into component parts and reselling those parts, on places like eBay, for up to ten times the price of which he paid for them. Now I just thought that was part of doing business but, apparently, is a form of arbitrage.

As with some of the other videos that I’ve written about on here, I’m not going to give away too much. With this particular video it is, in part, my own ignorance of the subject which determines why I won’t say that much about it. Put simply — I don’t really know what is common knowledge and what is more of a “secret tip” with this video (and arbitrage in general), so I’m going to play it safe and not say much about it at all. Suffice to say that there may be nothing here that you can’t read about on Digital Point or elsewhere, so if you want to know more then maybe do a search for “arbitrage” and see what you can find.

All I can say is that, being a total noob with arbitrage, I found this video fascinating and I think I’ll look at it again a few more times over the next week or so.

Until next time…