50. Gift Cards – it makes no economic sense that people give each other gift cards as gifts rather than just money, but gift cards are still extremely popular and billions of dollars of years are spent on them.

Investing in gift cards involves buying gift cards at an big (or sometimes extreme) discount and selling them at a small discount or at face value.

The difference between the buy and sell price needs to be large in order to offset transaction fees charged by gift card trading websites or other platforms like eBay.

It makes no economic sense to trade cash for a gift card unless you can buy for below face value.

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