A lot has happened since my last update. I sold three items, bought two shares of Verizon, and both five new items.
The first item I sold was the William Morris King Sheet Set for $85.00 and I ended up making $23.69 in profit off of it. This is a very good flip for me. I somehow lost this item on my table when I was doing updates on this blog. I keep a separate spreadsheet to track what I am doing and have added it back in here to be accurate. William Morris items kept on making the flip game work.
The second item I sold was a Motley Crue DVD I bought on February 25th and sold it on February 26th and made $.99 of profit. The crazy fast flips always make me just laugh because I’m amazed when they happen in that amount of time. I paid $2.15 for it at Goodwill when I picked up two other items at the same time. I picked up a Steve Jobs book and a Whisky puzzle.
The third item I sold was one of the Ralph Lauren sheet sets I bought on February 5th. This is a very quick flip and I have had success in getting value out of these brand of sheets over the years. I ended up making $15.84 in profit after I paid $75.76 for the king sheet set. I made less than I wanted to but a quick flip keeps me in a good spot.
Verizon Shares
After selling the above items I had the money to go ahead, and bought two more shares of Verizon which puts me at $10.73 a year in dividend income. I’m going to make almost 30% of what I started with, $36.38, a year now by doing absolutely nothing. Twenty years from now this will be more than $10.73 a year because I’ll keep on reinvesting the dividends, and letting the amount grow.
Verizon was trading at $39.99 when I wrote this.
Items Bought
I also bought a PDP Bass Drum Pedal and a Cabbage Patch Kid doll on February 26th in addition to the items noted above. I am breaking part of what I thought about limiting the number of items I wanted to have in my inventory by buying these low priced items. After these purchases I still need to purchase $87.14 more to be fully invested. I have built up to $916.61 in potential value.
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 | $7.64 | |
*William Morris King Sheet Set | $51.96 | 10/17/23 | 2/23/24 | $23.69 |
*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 | $1.07 | |
*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 | 2/27/24 | $15.84 |
*1 Share Verizon | $40.88 | 2/23/24 | $-.89 | |
*Motley Crue DVD | $2.15 | 2/25/24 | 2/26/24 | $.99 |
*Steve Jobs by Walter Issacson | $3.24 | |||
*Whisky Puzzle | $3.78 | |||
*PDP Bass Drum Pedal | $8.11 | |||
*Cabbage Patch Kid | $3.78 | |||
*1 Share Verizon | $40.04 | 2/28/24 | -$.05 | |
Underinvested | $87.14 | |||
Total inventory amount | $916.61 |