Since my last update at the end of two years I’ve sold thirteen more items. I picked a good amount of items at some pawn shops since the last update and sold a good bit of them. They were mostly electronics items I thought could be sold quickly. I am sticking with larger priced items at this point to keep my hourly rate very high.
Sells since last update
I sold three Oculus, Craftsman Weedeater, Ipod Nano 7th generation, Wii Game, Ralph Lauren Sheet Set, Nikon Camera, Luchesse Shirt, PS5 Video Game, Bucee’s Yukon Canister, Comic Books, and a large Video Game Bundle. Oculus have been a great boom to my overall profitability. Total Revenue on these items was $1,149.75 which included shipping. The total profit on these items were $428.34. This is 37.3% on this is above where I would expect to be over the long term. I would expect to be around 25% on revenue over the long term. I spent $534.69 on these items which is an 80% profit on cost, oh yeah. This is also much above my expectation now, because I have moved into higher price per item. When I was at a lower price point I could easily make multiples over cost, but that isn’t going to happen moving forward.
Buys since last update
I bought a lot of electronics on June 19th and a bunch of the things I sold this month were from this buy. I had one major purchase for an ASUS gaming laptop on June 14th for $230 I have not sold yet. This computer could make me $100 in profit after I sell it hopefully, and took me 5 minutes to buy on the way to an appointment. Fingers crossed I get what I think I can out of it.
Dividend Altria and Stock Buy
I also received a dividend for Altria today which was reinvested. I got paid $.98 and it bought me .021 more shares of Altria which puts me at 1.021 shares of Altria. This will pay me $4.00 a year now on my Altria initial investment of $41.92. The yield on my initial stands at 9.54%.
I bought $118.08 of Future Fuel stock, which translates to 24 shares. This company has a very high Return on Capital averaged over the past five years of earnings. I am comfortable owning a company like this over the long term based on what it has done and the stock price I am paying based on earnings and the Return on Capital it is able to achieve. Future Fuel currently pays a quarterly dividend of $.06.
Current Inventory
| Item | Cost | Date Purchased | Sold | Profit |
| 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 | ||
| *Japanese Stein 1 | $4.33 | 9/26/22 | ||
| *Satellite Puzzle | $2.37 | 11/28/22 | ||
| *Board Game | $3.78 | 1/4/23 | ||
| *Antique? vase | $8.11 | 2/21/23 | ||
| *Antique Plates | $7.56 | 3/19/23 | ||
| *Rollerblades | $16.77 | 4/1/23 | ||
| *Granite Cutting Blades (4) | $32.43 | 4/4/23 | ||
| *Crystal bowl | $5.94 | 4/10/23 | ||
| *Perfume bottle | $8.11 | 4/10/23 | ||
| *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 | 6/21/24 | -$3.28 |
| *Accounting Book | $6.27 | 9/6/23 | ||
| *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 | ||
| *Hobart Cutting Tips | $6.78 | 2/2/24 | ||
| *RNs DVD | $1.08 | 3/1/24 | ||
| *Adidas Nastate Size 13 | $16.77 | 3/2/24 | ||
| *Comics (21) | $20.36 | 3/5/24 | ||
| Comics | $1.07 | 3/5/24 | 7/8/24 | $8.85 |
| *Utawareumono DVD | $1.08 | 3/6/24 | ||
| *Craftsman Brad Nailer | $43.30 | 3/6/24 | -$8.59 | |
| *Pole Saw | $35.72 | 3/19/24 | ||
| *Principles Book | $3.24 | 3/20/24 | ||
| *4 garage sale tshirts | $4.00 | 3/30/24 | ||
| *April 2024 items | $28.84 | |||
| *May 2024 | $364.23 | |||
| *June 2024 | $358.90 | |||
| 3 Oculus | $144.95 | Various | Various | $115.98 |
| Craftsman Weedeater | $8.22 | 4/29/24 | 6/14/24 | $6.78 |
| Ipod Nano 7th Gen | $20.57 | 6/19/24 | 6/21/24 | $34.32 |
| Sims Kingdom Wii | $4.32 | 6/1/24 | 6/21/24 | -$.22 |
| Nikon D3400 | $199.18 | 5/22/24 | 6/21/24 | $152.00 |
| Luchesse Shirt | $9.73 | 6/1/24 | 6/23/24 | $11.91 |
| PS5 Game | $7.58 | 6/19/24 | 7/2/24 | $15.94 |
| Bucee’s Yukon Outfitter | $3.78 | 6/13/24 | 7/7/24 | $6.81 |
| 13 Game bundle- Untested | $70.36 | 6/19/24 | 7/9/24 | $79.64 |
| Stocks | ||||
| Verizon, Altria, British American, Future Fuel | $588.46 | Various | $36.40 | |
| Underinvested | $554.01 | |||
| Total inventory amount | $2332.14 |