The Concept of Trading Up

Some people have made their fortunes just by trading. They could be trading a number of things: stocks, cars, real estate, or other items for money. The idea of trading up is an important concept to learn and apply. If possible you always what to trade something that is less valuable to you for something of more value. A great example of trading up can be found here at http://oneredpaperclip.blogspot.com/ . This blog is about a guy who's goal is to trade a paperclip for a house. Sounds ridiculous, but he's getting closer each day. Look at some of the trades he's made, and now look at the amount of offers he has.