July 6, 2023 – Garage Sale


I had a garage sale on July 1st since the last update and this allowed me to sale some of the puzzles I’ve had for over or close to a year at this point. I lost a small amount of money on all of those I was able to sell, but this is fine by me for two reasons.

The first reason was, it moved older items which had plenty of time to sell and didn’t get sold. At a certain point I have to decide to move on from an item to ensure my inventory isn’t getting stagnant. If something has been listed for a year I have had the opportunity to see the amount of traffic I’ve been getting and most of these items weren’t getting much traffic each sellling period. This means I didn’t buy something with a lot of potential to sell. When I buy items I am purchasing them at a level I could sell them at what I bought them at or a small amount less than that.

Second, I want to keep my inventory amount lower in what I am doing and by getting rid of these older items I was able to do that. This puts me at a total inventory item count of 36 items.

I ended up selling five of the puzzles I had for $1 each. I lost $.18 each on four of them which were all the animal puzzles, and $1.37 on the Ireland Puzzle. I also donated the Christmas coffee cup because it was not getting any traffic since I listed it, and I lost $1.18 on it.

This leaves me with $21.57 I need to reinvest back again.

Current Inventory

ItemCostDate PurchasedSoldProfit
Ireland Puzzle$2.376/27/227/1/23-$1.37
NFL Puzzle$3.456/27/22
Animal puzzle #1$1.186/29/227/1/23-$.18
Animal puzzle #2$1.186/29/227/1/23-$.18
3 Hole Punch$1.186/29/22
Serving Dish and Bowl$9.297/20/22
*Star Wars Puzzle$2.377/25/22
Star Wars Puzzle$1.188/31/22
Animal Puzzle$1.188/31/227/1/23-$.18
Animal Puzzle$1.188/31/227/1/23-$.18
*2 Coca Cola Puzzles$6.919/13/22
*Christmas Coffee Cup$1.189/13/227/1/23-$1.18
*Stapler and Stapler remover$.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$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
*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 (5)$40.544/4/23
*TI BA II Plus calculator$5.944/5/23
*Crystal bowl$5.944/10/23
*Perfume bottle$8.114/10/23
*Traumlicht candle holder$3.784/10/23
*Pair of Shoes$37.865/4/23
*Casserole dish$8.115/17/23
*Nike Lebron XII Shoe$27.155/22/23
*Nike Air Jordan V.5 Canvas$27.115/22/23
* Air Jordan Flight Remix Wolf Grey$42.505/24/23
*Rae Dunn King Sheet Set$21.616/14/23
*Dyson Vacuum$20.026/20/23
*Coffee Cup- Floral$2.706/20/23
*White Sheet Twin Set$37.886/21/23
*Twin Duvet Set$25.986/21/23
Underinvested$21.57
Total inventory amount$443.24
*Indicates purchased from Profit

I made a correction in the list above from two errors I found. The NFL puzzle and Ireland puzzle costs were flipped, and I removed the Japanese Stein #2. I think I copied the Old Spice stein as Japanese Stein 1, but I am not sure. I have a separate spreadsheet where all of this is tracked and reconciled to it.

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