Prices can fluctuate according to how many goods or services are available and how many people are bidding on them. Those roses cost more on valentine’s day, don’t they?
As a seller, best to be selling in a seller’s market (More buyers than sellers) . As a buyer, better to be buying with little competition (Buyer’s market). Whether building a business, buying real estate, stocks, or buying consumer items, utilize and apply the knowledge of this principle to make your fortune.
It is well known among sophisticated real estate investors that Motivated Sellers will make you rich. Motivated sellers want or need to sell more than you need to buy.
Acquiring an asset temporarily out of favor and therefore undervalued is one of the best ways to get wealthy.
As a business owner, buy umbrellas when the sun is shining and sell them when it’s raining. When the buyer demands, you supply.
Most players skate to where the puck is; I skate to where the puck is going to be. - Wayne Gretzky