I made one sale on February 4th of the other William Morris King Duvet I picked up back in November, and made $18.62 profit off of it since my last update. The William Morris items I bought have been very good sellers, and I wished I would have got more of them in retrospect. However, you never know what will sell well when you buy a new brand perfectly. I look at the number sold and the amount available for sale on Ebay, and get a general idea, but am never able to tell perfectly what the best flip will be. I like it this way and there are ways out there to find out more information on the probability, but this is fun for me, and I don’t want to invest in those types of tools when I am trying to keep a small inventory amount.
I picked up four different items to get myself to the spot where I am now. I bought three sets of Ralph Lauren Sheets, because I know I have a high probability of making a good profit on them and I have rarely ever lost money selling them in the past. I would like to have found them on clearance to reduce my overall risk, but I am not putting in much time to find the best deals possible. When I go looking for something I take about ten minutes to find something or I am on my way.
I also found some Hobart welding cutting tips at a local pawn shop. I have sold some items from pawn shops over the years, and am trying to determine if this is a good way to get different types of items to flip. I think it could be a way for me to find higher priced items as I go. It will also require me to learn more about different items too.
When I have around another $40 I need to reinvest I am going to buy another share of Verizon, since that is what it is trading at currently. I want to get myself to the point I am making $10 a year in passive income from this flip game off of dividends. There is no specific reason why this should be the number to get to now, other than I want to get to that point. I’ll need four shares of Verizon at its current annual dividend amount of $2.66 per share to do this. I hope to get to this point before I hit the two year mark, and should be able to do this.
Current Inventory
| 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 | ||
| *1.035 Share – Verizon | $33.75 | 9/29/23, Div Dates | $8.17 | |
| *William Morris King Duvet | $64.94 | 11/16/23 | 2/4/24 | $18.62 |
| *William Morris Queen Duvet | $54.11 | 12/13/23 | ||
| *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 | $1.57 | |
| *Ralph Lauren White Twin Sheet Set | $31.39 | 1/24/24 | ||
| *Ralph Lauren King Blue Floral Sheet Set | $75.76 | 1/31/24 | ||
| *Hobart Cutting Tips | $10.83 | 2/2/24 | ||
| *Ralph Lauren Queen Green Teal Sheet Set | $64.94 | 2/5/24 | ||
| *Ralph Lauren King Green Teal Sheet Set | $75.76 | 2/5/24 | ||
| Underinvested | $18.73 | |||
| Total inventory amount | $878.06 |