News » will be to stay on budget during the c

The First To Sell Gold Invented Money Business Articles | April 30 Zach Allen Elite Jersey , 2012
The foundations of the world economy began with the ability for people to sell gold for the things they needed. Read on to learn more.

Don't let the recession and the high cost of living get you down. There is likely an unexpected source of income sitting dormant in several places of your house just waiting to be discovered. In the nineteenth century prospectors hit the hills of California and made the long trek to Alaska. Today you simply need to prospect the jewelry box and dresser to find untold riches and sell gold. This precious metal is at an all time high and the price is only going up. Rather than allow this resource to sit unused and useless why not find a merchant willing to purchase it. Although you may simply want to get some quick cash it is worth learning that this precious metal has a rich and storied history.

What many do not realize is that in its earliest form people did not sell gold or even use it in exchange for goods. Instead it was mostly used as ornamentation. This use can be partially attributed to its incredible color but probably has more to do with the fact that this is one of the few elements that is found in its natural state to be almost pure. This makes it easily smelted and shaped into other forms. This low smelting point and relative purity was also coupled with the fact that it was fairly malleable. These qualities combined to make this relatively abundant and easily crafted material an immediate hit among every culture that found it.

While we may never know the earliest history of this precious metal we know that as time marched on, the desire and drive to find and own it has been a universal aspect of almost every culture. In fact all over the world this relatively impractical material became the original source of money.

Again it was the characteristics of this material that made it such a fungible commodity. Once again because it was so easy to melt and shape it was easy to measure out into easily standardized portions. These portions were easy to weigh because the relatively high density of the metal made even small variations in size weigh significantly different amounts. It represented early on all the things that make money what it is. This stuff was portable, permanent Andy Isabella Elite Jersey , and easily concealed. Soon barter went away and people would essentially sell gold in exchange for the products they wanted.

Eventually, these shiny yellow coins became the standard for the world's economies. Ancient Rome and Greece were able to sell gold to India for spices and China for silk and tea. The whole of the Roman Empire succeeded because it was able to offer a useful currency across the whole of the known world. The world had invented money.
Article Tags: Sell Gold, Invented Money Byron Murphy Elite Jersey , Precious Metal


Making Money in Real Estate Investing: How to Calculate Profit Business Articles | January 12, 2007
There are many things that can affect your profit margin when investing in real estate. Being knowledgeable about all aspects of making money in real estate and learning to recognize all of the costs that you could incur with any given real estate investment will help you to choose good investment properties and avoid those that are more trouble than they are worth.


By now you probably already know how to calculate how much gross profit a property can potentially earn. To do this all you have to do is take the market value of the home and subtract your purchase price to see how much profit the property could potentially make you. But this is only a skeleton glimpse into the potential of the property, making money in real estate requires that you know every hidden cost Kyler Murray Elite Jersey , no matter how small, that could reduce your profit margin.

Some of the most obvious costs to flipping a property and making money in real estate include any repairs and remodeling that need done to the house before you can resell it. Make sure that you account for every repair. Get estimates and price supplies. Don?t guess. Attention to detail will make it more likely that you will be to stay on budget during the construction phase of your project. Oh, and don?t forget about building permit fees.

You will also need to account for any liens that you will inherit with the property. Liens can include arrearages in property taxes or any other bill that has been attached to the property for collection purposes. Being able to find these hidden costs is key to making money in real estate.