Friday, February 16, 2007

Step 11 - part 5

Objective: 50.00 - 100.00 HRK

Starting Balance: 67.25 HRK

February 16, 2007 - Since last post I added 1.65 HRK of found money to my doubling stake. That brings my doubling balance to 68.90 HRK. Also, I added 7.00 HRK of donated money to my doubling stake, increasing it to 75.90 HRK.

In addition I did two money trades. I can't speak about coin trades anymore, because paper money is now involved. I traded 8.85 HRK in different coins for 10.00 HRK in one bank note (profit of 1.15 HRK). I also traded two 20.00 HRK bank notes for one 50.00 HRK bank note, giving me profit of 10.00 HRK. That increased my doubling balance to 87.05 HRK.


Finally, I accepted to pay phone bill for my mom via internet banking for a small fee of 5.00 HRK. I did feel like some dirty profiteer, but hey, I have some serious doubling to do. :) That increased my doubling balance to 92.05 HRK.

After much thinking I decided that all kind of donations to my doubling stake are allowed in My Doubling Adventure. Not only that... I decided that I as well can donate money to my doubling stake. Also, any kind of money making activity can be part of my doubling project. It can be even related with my "real" life career or work. In a word anything that can add to my doubling stake is fine with me. In other words, I decided that I won't pay much attention to hidden resources rule. At least not very strictly. The number one part of my doubling project becomes set of doubling Steps, and I plan to stick to them religiously. Just to remind, the Steps are...

Step 1: 0.00 - 0.10
Step 2: 0.10 - 0.20
Step 3: 0.20 - 0.40
Step 4: 0.40 - 0.80
Step 5: 0.80 - 1.60
Step 6: 1.60 - 3.20
Step 7: 3.20 - 6.40
Step 8: 6.40 - 12.80
Step 9: 12.80 - 25.60
Step 10: 25.60 - 51.20
Step 11: 50.00 - 100.00
Step 12: 100.00 - 200.00
Step 13: 200.00 - 400.00
Step 14: 400.00 - 800.00
Step 15: 800.00 - 1,600.00
Step 16: 1,600.00 - 3,200.00
Step 17: 3,200.00 - 6,400.00
Step 18: 6,400.00 - 12,800.00
Step 19: 12,800.00 - 25,600.00
Step 20: 25,600.00 - 51,200.00
Step 21: 50,000.00 - 100,000.00
Step 22: 100,000.00 - 200,000.00
Step 23: 200,000.00 - 400,000.00
Step 24: 400,000.00 - 800,000.00
Step 25: 800,000.00 - 1,600,000.00
Step 26: 1,600,000.00 - 3,200,000.00
Step 27: 3,200,000.00 - 6,400,000.00
Step 28: 6,400,000.00 - 12,800,000.00

I still will not leapfrog Steps nor carry over funds to next Step. But now I allow the possibility to donate doubling profits back to the doubling stake.

I feel much more comfortable with the new changes I made to my doubling rules. It seems that now they bring back focus to the main goal in my doubling project and that is to double my doubling capital and to increase my overall wealth. Let's get back to the Doubling. :)

Current Balance: 92.05 HRK

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