Buying online at auction websites such as ebay is becoming ever more popular and there are some great bargains out there to take advantage of. There are however risks involved and in this article I am going to write about a bad experience a friend of mine went through, an experience which would cost him a lot of money.
I have used ebay many times in the past and have not only bought a great many items but have also sold a few. I have to say it is quite a buzz and is a great way of offloading some of the things that I no longer have a use for. I have even been surprised at the amounts of money some of these items have sold for.
During a recent evening out, I was discussing ebay with a friend of mine, his name is Ian. Ian has recently attempted to make money from online auctions and was hoping it would earn him a type of second income. He would buy a particular item at what he thought was quite a low price and would then re-list the same item a couple of weeks later, hoping he would make a tidy profit and some easy money.