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.
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
Item | Cost | Date Purchased | Sold | Profit |
Ireland Puzzle | $3.45 | 6/27/22 | ||
NFL Puzzle | $2.37 | 6/27/22 | ||
Animal puzzle #1 | $1.18 | 6/29/22 | ||
Animal puzzle #2 | $1.18 | 6/29/22 | ||
3 Hole Punch | $1.18 | 6/29/22 | ||
Serving Dish and Bowl | $9.29 | 7/20/22 | ||
*Star Wars Puzzle | $2.37 | 7/25/22 | ||
Star Wars Puzzle | $1.18 | 8/31/22 | ||
Animal Puzzle | $1.18 | 8/31/22 | ||
Animal Puzzle | $1.18 | 8/31/22 | ||
*2 Coca Cola Puzzles | $6.91 | 9/13/22 | ||
*Christmas Coffee Cup | $1.18 | 9/13/22 | ||
*Stapler and Stapler remover | $.54 | 9/26/22 | ||
*Floral Plate | $2.71 | 9/26/22 | ||
*Old Spice Cologne bottle | $3.25 | 9/26/22 | ||
*Wood block set- kid’s toy | $2.17 | 9/26/22 | ||
*Japanese Stein 1 | $3.25 | 9/26/22 | ||
*Japanese Stein 2 | $4.33 | 9/26/22 | ||
*Satellite Puzzle | $2.37 | 11/28/22 | ||
*Tealight | $2.37 | 11/30/22 | ||
*Board Game | $3.78 | 1/4/23 | ||
*Painter’s puzzle | $3.78 | 1/30/23 | ||
*Roblox characters | $5.94 | 1/30/23 | ||
*New Hard Drive | $5.94 | 2/9/23 | ||
*Logitech Ergonomic Mouse 1 | $10.27 | 2/9/23 | ||
*Antique? vase | $8.11 | 2/21/23 | ||
*Teapot | $5.94 | 3/3/23 | ||
*Antique Plates | $7.56 | 3/19/23 | ||
*Marriage book/game | $8.11 | 3/24/23 | ||
*Rollerblades | $16.77 | 4/1/23 | ||
*Granite Cutting Blades (6) | $48.65 | 4/4/23 | ||
*TI BA II Plus calculator | $5.94 | 4/5/23 | ||
*Airequipt slide projector | $11.46 | 4/10/23 | 5/19/23 | $25.65 |
*Crystal bowl | $5.94 | 4/10/23 | ||
*Perfume bottle | $8.11 | 4/10/23 | ||
*Traumlicht candle holder | $3.78 | 4/10/23 | ||
*BOSE Alarm Clock with remote | $38.41 | 4/11/23 | 5/19/23 | $2.63 |
*Japanese Doll | $2.70 | 4/24/23 | ||
*Christmas Cookie Jar | $5.99 | 4/24/23 | 5/19/23 | $14.17 |
*Dyson Vaccum | $18.94 | 4/24/23 | ||
*Pair of Shoes | $37.86 | 5/4/23 | ||
*Cassserole dish | $8.11 | 5/17/23 | ||
Underinvested | $90.73 | |||
Total inventory amount | $357.33 |