I am continuing to build up on the clothing area since my last update. I have bought over 150 items since my last update which is almost as many items as I had sold in my entire change jar flip to date. This means I will be selling lots of items moving forward over the next 12 months based on the work which is going into the build up.
This also means something else. I am learning a bunch of lessons on clothing. I was not doing a good job of inspecting what I was buying at the beginning and have had to throw away eight pieces of clothing because they had stains or rips which I missed when I bought them. My remedy for this is to slow down and double check everything before I go to buy it. The other thing I am learning about is brands which will sell well in a reasonable time frame. This is allowing me to be able to scout out products much faster than I was before. This is important for me, because I don’t want to be spending a crazy amount of time doing this.
I am not picking up only clothing as I build up on the number of items I will have. I have been picking up coffee mugs and other items like sheets and some books. I am trying to maintain an average profit of $15 per item. The coffee mugs are very low priced at around $1 each and I have been making a decent return on them too. The books I am picking up either have one or both of the following factors of being able to sell quickly or sell for a very profit amount, and a low cost.
Sales
I sold 29 items for a total profit amount of $150.39 on a total cost of $368.82. The profit is going to be lower while I work out what I am learning to not make as many mistakes. I also tried to get the Nailer fixed I had bought in March 2024, but took a large loss of $51.49. This is the largest loss I’ve experience since I’ve started, but I know it was a realistic risk to take. Just keep on moving forward. As well, I have the cost for the eight items I had to throw away because I didn’t notice they were messed up which costs me $38.98. If I take out the mistakes and the Nailer the profit would have been $240.86 on a cost of $278.35. These numbers will be closer to what I may experience moving forward, but the profit number will go up as I learn to pick out better items to get to the average I want.
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 | ||
| *Granite Cutting Blades (4) | $32.43 | 4/4/23 | ||
| *Crystal bowl | $5.94 | 4/10/23 | ||
| *Coffee Cup- Floral | $2.70 | 6/20/23 | ||
| *Skateboard | $8.11 | 7/26/23 | ||
| *Accounting Book | $6.27 | 9/6/23 | 9/11/24 | $8.24 |
| *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 | ||
| *Utawareumono DVD | $1.08 | 3/6/24 | ||
| *Craftsman Brad Nailer | $43.30 | 3/6/24 | 09/09/24 | -$51.49 |
| *1 garage sale tshirts | $1.00 | 3/30/24 | ||
| 1 Garage Sale tshirt | $1.00 | 3/30/24 | 9/19/24 | $1.07 |
| *April 2024 items | $27.66 | |||
| *May 2024 | $255.98 | |||
| *June 2024 | $20.79 | |||
| *August 2024 | $213.57 | |||
| *September 2024 | $384.16 | |||
| *October 2024 | $471.91 | |||
| Wallace & Barnes J Crew Cotton Chambray Style Button Dwon Shirt | $6.59 | 8/12/24 | 9/8/24 | $14.46 |
| Wayne’s World Hat Black | $1.86 | 6/14/24 | 9/12/24 | $1.11 |
| Time Changer Blu Ray | $.71 | 7/23/24 | 9/12/24 | $3.44 |
| Blue Brooks Brothers Medium Slim Fit Shirt | $1.37 | 8/28/24 | 9/16/24 | -$7.09 |
| Psycho Bunny Dress Shirt 2 XL Large Single Needle Light blue Logo Button Up Peru | $17.31 | 9/5/24 | 9/16/24 | $7.15 |
| Starbucks Cups | $2.36 | 8/19/24 | 9/18/24 | $20.13 |
| Strike it rich book | $2.15 | 9/5/24 | 9/21/24 | $5.38 |
| Beavis & butthead DVD | Free | 9/23/24 | 9/24/24 | $5.23 |
| Goosebumps tshirt | $3.24 | 9/12/24 | 9/26/24 | $5.96 |
| Carhartt Tshirt | $5.40 | 9/12/24 | 9/28/24 | $1.44 |
| Tommy Bahama Black Shirt | $7.29 | 9/3/24 | 9/4/24 | $10.40 |
| Ralph Lauren Green | $8.02 | 8/6/24 | 10/2/24 | $10.01 |
| Nikon Camera | $173.20 | 7/25/24 | 10/2/24 | $30.80 |
| 9 more shirts | $40.11 | Various | 10/3-10/21 | $116.90 |
| 2 Coffee Cups | $2.36 | Various | 10/3, 10/14 | $8.24 |
| Stocks | ||||
| Verizon, Altria, British American, Future Fuel | $800.37 | Various | $115.78 | |
| Underinvested | $532.46 | |||
| Total inventory amount | $2901.35 |