New Challenge - Double Your Money!

fairyclicks

4p shoes!!!!!!!!! hahahahaha i love it

MASSIVE GOOD LUCK TO YA NATS XXXXXX

Habibiboo

Hello, mostly I lurk but I'd like to join in this one, if I may! I've just found a yarn bargain which I unsealed my pound coin pot to take advantage of ... so now I have £40 of yarn coming to me ~ with free postage :-) and I'm setting myself the challenge of knitting it up and selling the items I make to double the money in time for Christmas. I know it's not a short-term, quick money-spinner but it should keep me out of mischief for a bit and make my pound pot still count towards Christmas!

Badsaver

Hi Everyone,
I am terrible at keeping up with these threads - they go way to fast and I lose track.... however, I would love to join this! Can I do that?
I will be starting probably with about £50 but over a good few weeks! as I don't have the funds all in one! My idea is books - it may work, it may not... but its worth a try!!

fairyclicks

oh lovely to have you both on board habibiboo and badsaver

we are pretty flexible on this thread, the only rule as such is to try and double ur money whatever way you want to do this is up to you!

I really look forward to hearing how you both get on - good luck xx

fairyclicks

Yey i sold another double money item for £5 today was the 2nd of 3 books i bought for £5 and the fiver was covered with the sale of book number 1 so thats another £5 profits for this sale

So that means i have:

purchased 53 items for £120.02
sold 11 items for £92.81 (after fees)

leaving me with 42 items and £27.21 to make before i'm in profit,
£147.23 to make for double money target.

Oh creeping ever closer to the profit side well until i buy more lol!

nat21luv

How's onepoll going fairy? I can see the light at the end of the tunnel, £32.50.

fairyclicks

nat21luv wrote: »

How's onepoll going fairy? I can see the light at the end of the tunnel, £32.50.

£31.20 for me atm - it feels good to be over £30 but you snuck in front again - thats not allowed :rotfl::rotfl::rotfl:

kendall17

Just an update on what i've been doing.

I really need to open up my spreadsheet and get my books written up.

I have made probably in the region of £200 gross profit in the 3 weeks from 6/4/13. Sold the last bit of my stock from the auction in March and bought a load of stuff for carbooting last weekend, outlay was c£50, took £90 odd so not too bad. Got lots of stuff left over, just deciding what to do with it, job lot on eBay or do a charity carboot on Sunday.

I have ben hooked on yellow label shopping all week. I picked up 8 travel tubes of MacLeans toothpast at 30p a tube, 3 packs of Tesco's hacksaw blades for 26p a pack, 2x Oral-B toothbrush heads reduced from £18.39 to £4.59 (for no reason at all) and a Leapfrog AC Adapter for £1. All of which are on eBay for £30 profit but no bids as yet.

Really tempted to go over to Sheperd's auctions on Saturday. Their bailiff arm has been into a Chinese clothing importer by the looks of it. Loads of brand new clothes/shoes that would go well at a carboot.

fairyclicks

Thats excellent Kendall Well Done!!!

I have found an auction close to me here but i'm a bit scared to go LOL! At the minute i want to just clear out what i have left before buying anything more anyway but yes an auction is def on my to do list

kendall17

fairyclicks wrote: »

Thats excellent Kendall Well Done!!!

I have found an auction close to me here but i'm a bit scared to go LOL! At the minute i want to just clear out what i have left before buying anything more anyway but yes an auction is def on my to do list

I'm doing well, just sold the Oral-B toothbrush heads. I love that ker-ching noise the andriod eBay app makes!

Stuck the remainder of bits from the carboot on eBay for a tenner (what I paid for them) after picking a few bits out of it and sold half of it at carboot on Wednesday. Got an immediate watcher!

Which Auction you looking to go to? If you're as nervous as I was, listen on the webcast (if its through i-bidder), you'll get the gist of it. The myth of a twitch means a bid isn't true, auctioneers usually ask if you're bidding! I now bid people up for the sake of it. You'll need a deposit to bid (usually £100) but you get it back if you dont buy anything or can deduct your purchases from it. I usually limit myself to that £100, so I dont go too overboard. If things you buy dont work, stick them back in to auction. I also find that Saturday auctions are a bit more expensive and timed auctions can be ridiculously cheap.If you need any more help, drop me a message, I can review an auction catalogue for you if needed.

I don't actually think i've laid out that much money recently but have had a steady stream of income so I'm happy. Need to get back to making the big bucks though.