August 29, 2023- Update


I have bought three items since my last update. I have not sold anything since then. I bought two sets of sheets which are they same and cost me $64.94 each. I also picked up a receiver for $22.29. This ends up putting me slightly over invested by $.45. This is a good spot for me to be in and I have 36 items total.

I am keeping long-term thinking in mind with where I am and knowing after ten years this will end up being more than I could guess when I started this. I’m 14 times my initial investment at this point, and know I will end up 100x times my investment at some point in the future.

If I keep at this long enough it could be 1000x times my initial investment, but for this to occur would be in a form I probably don’t fully know, and that’s ok. This is a fun thought experiment to me. I would guess for me to get to 1000x I would be running a much larger inventory, or have diversified the profit I have made into a different business investment opportunity or opportunities. I could imagine if I were to get to the point with $1000 a month coming in I might try to invest in a way the inventory I would have would not be out of hand, and also not have such a large amount invested in my inventory. With that amount of money I could pay a mortgage on a rental property after building up a down payment and use leverage to magnify what I had created. I could also buy a small business of some type which would throw off money. There are endless possibilities, and I am not sure how it will go if I get to that level, but like I said it is a fun thought experiment.

Current Inventory

ItemCostDate PurchasedSoldProfit
NFL Puzzle$3.456/27/22
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
*2 Coca Cola Puzzles$6.919/13/22
*Stapler and Stapler remover$.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$4.339/26/22
*Satellite Puzzle$2.3711/28/22
*Board Game$3.781/4/23
*Painter’s puzzle$3.781/30/23
*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
*Pair of Shoes$37.865/4/23
*Casserole dish$8.115/17/23
*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
*Twin Duvet Set$25.986/21/23
*Skateboard$8.117/26/23
*Halloween Queen Sheet Set$21.648/2/23
*Queen Sheet Set Brown and White Plaid$64.948/23/23
*Queen Sheet Set Brown and White Plaid$64.948/23/23
*Technics Tape Player$22.298/23/23
Overinvested$.45
Total inventory amount$521.69
*Indicates purchased from Profit

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