A lot has happened since my last update. I sold an a William Morris Queen Sheet later on the day after I had updated on January 15th. This was a very good flip because I paid $42.22 for the set, which was on clearance, and made $44.88 on it in less than two weeks. The William Morris brand is getting me lots of views and they are moving well.
I also sold another set on January 27th of William Morris Queen Sheets I purchased on January 25th. This was an ideal flip again because I spent $54.11 and made $20.57 in two days. It took me till the 27th to list the item, and when I did it actually only took about ten minutes for it to sale. Sometimes a flip happens so quickly I am shocked by how well flipping works.
The third item I sold was a William Morris Queen Duvet on January 29th. The theme continued with William Morris items as winners this period of time. I bought this one for $54.11 on December 13 of 2023 also and made $22.42 on it after everything was done with sending it out.
I bought a Ralph Lauren White Twin Sheet Set which was on discount on January 24th for $31.39. This one is not a doubling of my money, but I have sold this type of set before and should be able to make a quick flip on this hopefully.
Stock Buy
I decided to buy another share of Verizon on January 18th. The price I paid for the share was $38.92. This puts me at 2.017 shares of Verizon. If I think about this from a very simplistic mindset of when I started this over a year and a half ago, with just the Verizon buys for the stock I have set myself up to make dividends from them in perpetuity. This is a truly passive income activity if I want. The current annual dividend amount is $2.66 per share. This means I will make $5.36 a year off of these 2.017 shares currently. I’m getting paid 14.7% of what I started with by doing nothing of my own effort. I plan on getting enough in dividends compared to what I started with, over time, at the minimum. I will reinvest the dividends each quarter and this amount will grow because of this. As well, Verizon is likely to have a dividend increase each year. Letting those pennies add on to each other over time. My value for Verizon still remains at $60 a share for what I believe it is worth.
Verizon was trading at $42.17 when I wrote this. This gives me a profit of $13.16 at this time. This is outside of the dividend which was reinvested.
Current Inventory
I am at a total of $861.45 in potential inventory or potential invested in. I need to reinvest $161.73 at this time. The potential $861.45 invested in items doesn’t take into account the value I could make off of the items if all were to sell. I know this would be completely unlikely to sell everything in my inventory, but if it did I would be looking at the total inventory being worth about 2 times what I paid for it. This means I would have $1600 to invest. Understanding this concept helps me to continue to make good buys which will make the overall inventory value increase. By doing this the ability to make a higher amount per month and year becomes more realistic.
| Item | Cost | Date Purchased | Sold | Profit |
| NFL Puzzle | $3.45 | 6/27/22 | ||
| Serving Dish and Bowl | $9.29 | 7/20/22 | ||
| *2 Coca Cola Puzzles | $6.91 | 9/13/22 | ||
| *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 | $4.33 | 9/26/22 | ||
| *Satellite Puzzle | $2.37 | 11/28/22 | ||
| *Board Game | $3.78 | 1/4/23 | ||
| *Painter’s puzzle | $3.78 | 1/30/23 | ||
| *Antique? vase | $8.11 | 2/21/23 | ||
| *Antique Plates | $7.56 | 3/19/23 | ||
| *Rollerblades | $16.77 | 4/1/23 | ||
| *Granite Cutting Blades (5) | $40.54 | 4/4/23 | ||
| *Crystal bowl | $5.94 | 4/10/23 | ||
| *Perfume bottle | $8.11 | 4/10/23 | ||
| *Casserole dish | $8.11 | 5/17/23 | ||
| *Nike Air Jordan V.5 Canvas | $27.11 | 5/22/23 | ||
| * Air Jordan Flight Remix Wolf Grey | $42.50 | 5/24/23 | ||
| *Coffee Cup- Floral | $2.70 | 6/20/23 | ||
| *Twin Duvet Set | $25.98 | 6/21/23 | ||
| *Skateboard | $8.11 | 7/26/23 | ||
| *Queen Sheet Set Brown and White Plaid | $64.94 | 8/23/23 | ||
| *Accounting Book | $6.27 | 9/6/23 | ||
| *Brooks Brothers Sheet Set | $12.99 | 9/8/23 | ||
| *1.019 Share – Verizon | $33.07 | 9/29/23 | $9.91 | |
| *William Morris King Duvet | $64.94 | 11/16/23 | ||
| *William Morris Queen Duvet | $54.11 | 12/13/23 | 1/29/24 | $22.42 |
| *William Morris Queen Duvet | $54.11 | 12/13/23 | ||
| *William Morris Queen Sheet Set | $42.22 | 1/3/24 | 1/15/24 | $44.88 |
| *Peter Reed Reina Blue King Duvet | $42.22 | 1/3/24 | ||
| *Peter Reed Reina Blue King Duvet | $42.22 | 1/10/24 | ||
| *1 Share Verizon | $38.92 | 1/18/24 | $3.25 | |
| *Ralph Lauren White Twin Sheet Set | $31.39 | 1/24/24 | ||
| *William Morris Queen Sheet Set | $54.11 | 1/25/24 | 1/27/24 | $20.57 |
| Underinvested | $161.73 | |||
| Total inventory amount | $861.45 |