Today the Dow dropped 4.62%, falling to an 11 month low. Personally, I find it awfully depressing to look at my stock portfolio, so I have decided that the best strategy is to ignore it. For all of the other ignorers-of-stock-portfolios that are out there, I wanted to draw your attention to a more pleasant thought. While you cannot control the ups and downs of the market, there are still some simple ways to put extra cash in your pocket. The easiest way that I can think of is to walk over to your drawer, open it, and withdraw one of the five unused mobile phones that are sitting within it.
The average two year old phone is worth over $50. Most people unknowingly have a good chunk of value sitting right in their drawer. On uSell.com, you can unlock this value by turning these phones into cash. Take a look at the following chart that shows the top 5 selling cell phones on uSell this month and their average selling prices.
|Phone Model||Resale Price|
|HTC EVO 4G||$105|
|iPhone 3G 8GB||$68|
|iPhone 3GS 16GB||$150|
|Apple iPhone 4 16GB||$245|
If you have a Droid, iPhone, or Blackberry sitting around, chances are you are sitting on a good amount of cash. So instead of watching your stock portfolio take a downward spiral, take control of your life, and turn some of your old gadgets into cash!