Monday, April 30, 2012

2011 Profit Update

For those of you who have been reading this blog for a while, you probably remember that in end of December I published a post that summarized my purchases and net income/loss for the year after including a calculation for money spent on gas.  I concluded that I had pretty much broken even by the end of the year.

Since December, I have sold a few more things I purchased in 2011.  Even though I sold them in 2012, I'm not counting these in my 2012 profit because I bought them in 2011, just as I didn't include items purchased in 2010 in my 2011 profit calculations.

Anyway, I have another $195 to add to my 2011 calculations, which means 2011 was a profitable year (by ~$196) for garage sales after gas payments.  I sold a pocketknife for $5 (it was included in a Gameboy bundle I purchased to resell), the laser tag set for $110, some bootleg DVDs at my garage sale for $10, a mechanical keyboard for $40, and a Playstation 2 for $30.  I still haven't sold that damn TI-92 graphing calculator. I'm especially proud of the DVDs; I bought fifty of them for $0.50 in November and sold them $2 each on Saturday. I still have forty-five left so I'm just going to keep them until the next time I have a sale.

Not included in the $185 were items I purchased before March 2011 and resold in 2012 (mainly games I no longer play). These items represented an additional $69 after shipping and fees.

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