May 2023 – Change jar flip

On Friday I sold three items in my inventory. They were the BOSE Alarm clock, Airequipt projector, and the Christmas Cookie jar. I made a profit on all of thiese items and they were all bought in April which keeps me moving in a good direction for possibly having ten times the amount I started with on May 6th of last year. This is a great result from what I started with whether I hit ten times my initial amount or not. I had big hopes for the Bose Alarm clock but once I got the remote I found out the CD player did not work consistently. I had to order a second remote because when I ordered the first replacement remote the company sent me two Roku remotes instead. The second remote cost me more then the first one I had ordered. I listed it to get my money back and a couple of bucks after the cost of the alarm and remote were all included. I ended up making $2.63 of profit on top of the alarm clock and the remote. Still a win and at just over a month holding the item and this is fine by me, because I can now reinvest the $41 into another item and try for a nice sized win. I learned I don't know the shipping amounts to be charging on the larger items though. Normally, I have boxes around the house from things which get delivered to handle shipping things out. This time I did have one box which would have worked for the projector but once I calculated the shipping for it I would have lost money to send the item out. I ended up going and buying a different boxes which were square to fit the projector and cookie jar. They both were about $6 a box which is way to much to be paying because I was not prepared to ship them. In the future I would need to have more boxes available for larger items so I don't get caught having to buy them. As well, I need to make sure I have accurate weights on the larger items when I go to sell. I took a guess on the cookie jar at three pounds and it ended up at last eight pounds to ship out. The good thing is I am buying at good prices and when I make a mistake I am still in a good spot to make money either way. Airequipt sold May 19, 2023 I ended up making $25.65 on the projector when it was all said and done. Yet another great flip for me in this experiment. Almost 2.5 times as much as I paid in a month equals a crazy ROI again. I will attempt to take the $36 and put it all into another item I can hopefully double my money on again. I learned from this and the Bose alarm that they are both high in demand items with lots of interest. If I see either of them again I will know to pick them up at the right price. The Christmas cookie jar was a good flip too. I made almost three times the amount I bought it for in just around a month too. I'll try and take the $20 I have and put it into one item to flip and double like the other two. I am currently sitting at $357.33 in possible overall inventory. I am $320.95 of profit in just under a year. I'm excited to see if I will get to $363.80 by June 6th. I need just one decent sale and I would likely pass that total. I bought a casserole dish on 5/17 for $8.11 when I saw I was going to sell the projector to try and keep myself fully invested. I will need to buy a lot more though at this point I need to reinvest $90.73 to be fully invested again. Current Inventory ItemCostDate PurchasedSoldProfitIreland Puzzle$3.456/27/22NFL Puzzle$2.376/27/22Animal puzzle #1$1.186/29/22Animal puzzle #2$1.186/29/223 Hole Punch$1.186/29/22Serving Dish and Bowl$9.297/20/22*Star Wars Puzzle$2.377/25/22Star Wars Puzzle$1.188/31/22Animal Puzzle$1.188/31/22Animal Puzzle$1.188/31/22*2 Coca Cola Puzzles$6.919/13/22*Christmas Coffee Cup$1.189/13/22*Stapler and Stapler remover$.549/26/22*Floral Plate$2.719/26/22*Old Spice Cologne bottle$3.259/26/22*Wood block set- kid's toy$2.179/26/22*Japanese Stein 1$3.259/26/22*Japanese Stein 2$4.339/26/22*Satellite Puzzle$2.3711/28/22*Tealight$2.3711/30/22*Board Game$3.781/4/23*Painter's puzzle$3.781/30/23*Roblox characters$5.941/30/23*New Hard Drive$5.942/9/23*Logitech Ergonomic Mouse 1$10.272/9/23*Antique? vase$8.112/21/23*Teapot$5.943/3/23*Antique Plates$7.563/19/23*Marriage book/game$8.113/24/23*Rollerblades$16.774/1/23*Granite Cutting Blades (6)$48.654/4/23*TI BA II Plus calculator$5.944/5/23*Airequipt slide projector$11.464/10/235/19/23$25.65*Crystal bowl$5.944/10/23*Perfume bottle$8.114/10/23*Traumlicht candle holder$3.784/10/23*BOSE Alarm Clock with remote$38.414/11/235/19/23$2.63*Japanese Doll$2.704/24/23*Christmas Cookie Jar$5.994/24/235/19/23$14.17*Dyson Vaccum$18.944/24/23*Pair of Shoes$37.865/4/23*Cassserole dish$8.115/17/23Underinvested$90.73Total inventory amount$357.33*Indicates purchased from Profit