Monday, November 23, 2009

Money Tip Of The Day - Trash Picking

Did you know that the price of scrap metal is at an all time high?

Seriously though , many recycling centers are begging for any sort of scrap metal , copper, aluminum and chromium, they're all in HOT demand.

Think about it , metal is all around us , and we can leverage this to our own advantage. Get some friends involved to build your METAL empire!

Here are some things that are metal and worth a bunch.

Aluminum cans - This of course is the first level of recycling , many cans are all over the road, and can bring 70 or so cents a pound, good money for time well spent. The side benefit is that you can get exercise too!

Street Signs - These things can weigh several pounds, the average stopsign is worth like $5 at the recycling center, and these are ALL OVER the place.

Guardrails - No one really needs guardrails, they're just there in case a accident happens, which isn't too often, now is it? You can seriously make like $10 per guard rail you reycle.


Copper Wiring - Yes, this can be dangerous to get, but if you have a 'friend' check to see if the wiring is hot or active, you can minimize all personal risk. We found that the average hobo could be convinced for a bottle of colt 45 , this could yield a 1,000% Profit, now talk about return on investment!

One unique idea that was presented to us was to have your very own trash blackmailing ring. This works by throwing bags of trash on someone's yard , if they pay you , you'll remove it ,if not you can throw more trash on their yard. This is sort of an extortion scheme, so make sure you have someone else to blame.

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