Friday, April 20, 2007

I Restarted My Doubling Project

I decided to restart my doubling project. I will start from the zero again and build from there. You can find the details about my new doubling project at:

Doubling Venture

Monday, April 16, 2007

Step 15 - part 2

Objective: 800.00 - 1,600.00 HRK

Starting Balance: 977.20 HRK

I added 5.00 HRK coin to My Doubling Project. Usually, all 5.00 HRK coins goes to my daughter's piggy bank. We have bear pictured on 5.00 coin and my daughter adores them. This coin was very ugly with corroded marks all over it and I decided I won't put that ugly piece in my daughter's piggy bank. Instead I add it to My Doubling Stake. So, now my doubling project is richer for 5.00 kunas.

Current Balance: 982.20 HRK



Step 15

Objective: 800.00 - 1,600.00 HRK

Starting Balance: 800.00 HRK

I donated back to My Doubling Adventure 172.00 HRK I took out as a profit from the Step 14. So, that increased my doubling stake to 972.00 HRK.

Also, on Friday I found 5.00 HRK coin in a sandwich bar, near my work, where I often buy sandwiches. I was on my way out when I notice nice 5 HRK coin on the floor. I picked it up with joy, knowing that my Doubling Stake will be increased.

On Saturday we went to the Zoo and on the way out we stop to buy balloon for my daughter. And there I found 0.20 HRK coin laying on the ground. More income for My Doubling Adventure.

Finally, after all these additions, balance of My Doubling Adventure is 977.20 HRK.

Current Balance: 977.20 HRK



Sunday, April 15, 2007

Step 14 - part 6

Objective: 400.00 - 800.00 HRK

Starting Balance: 610.00 HRK

It was more than a month since I last time posted to my blog. Unfortunately, my work took over almost all of my time and it was really hectic month. But, now I'm back and ready to do some serious doubling.

Few days ago I decided to start my doubling project all over again. I already give my doubling stake to my daughter for her savings account. Well, I change my mind. After giving some serious thought I decided that My Doubling Project goes just well and no need to restarting it. My main goal for My Doubling Adventure is to increase my Doubling Stake. And that's it. Everything that adds to my Doubling Stake is eligible doubling activity in my book. And I'll stick to that. I started from the Stuart Goldsmith's Report, and as time goes by I adjusted rules from the Report to suit my doubling needs best.

So, to get back to My Doubling Adventure. Since I took out the money from it and put it to my daughter's savings account I decided to repay it back from my pocket with 10% interest, per rule I already set up for situations when I borrow from My Doubling Balance. With repaying back money to my Doubling Project with 10% interest my new Doubling Stake is 671.00 HRK.

I also decided that I will impose Doubling Tax on all income I earn in my "real life". I set up Doubling Tax on 1% of my realized income after taxes. That source brings 71.00 HRK as tax on my regular monthly income for March, and 230.00 HRK as tax on my author's fee income. That brings my Doubling Stake to 972.00 HRK.

I took out 172.00 HRK as a profit of my doubling project. That brings my Doubling Stake to 800.00 HRK.

Wooohooo! Step 14 is completed! :)

Step 14: Completed!

Current Balance: 800.00 HRK