Monday, August 27, 2007

Step 18 - Sold some books

Sold last two copies of my haiku book for 50 HRK each. Also, sold some other products through online auction site.

Assets


Cash 5,832.10
Accounts receivable 262.00
Inventory 53.00
Personal loan 1,100.00
Business loan 4,266.72


Total assets 11,513.82




Liabilities


Total liabilities 0.00




Net worth 11,513.82

.

Tuesday, August 21, 2007

Step 18 - What to do next?

I managed to further increase my doubling assets. Sold 4 more books, added doubling income tax from my regular monthly income, and some other activities to much to mention. It seems I'm close to complete Step 18. I probably could do it by playing one or two casino deals. But somehow I am not very eager to invest cash I currently have. I am more into keeping it till September when there will be huge IPO going on here in Croatia. I plan to include funds from My Doubling Adventure in my investment in this IPO deal. Everything My Doubling Adventure funds earn (if) from this IPO deal will go back to My Doubling Adventure. And there is some nice potential for huge profits.

Anyway, here is an updated balance sheet of My Doubling Adventure....

Assets


Cash 5,671.50
Foreign currency 21.81
Accounts receivable 232.00
Inventory 145.88
Personal loan 1,100.00
Business loan 4,316.72


Total assets 11,487.91




Liabilities


Total liabilities 0.00




Net worth 11,487.91

.

Friday, August 17, 2007

Step 18 - Back From Vacation

My summer vacation is over and I'm back home. It was great and refreshing.

Business deal in Philippines bring me 20% profit, so my investment there grow to 720 USD. I donated 80 USD of invested funds from my non-doubling capital to My Doubling Adventure, so now My Doubling Adventure project has 800 USD invested in this business deal.

I also managed to save some funds and do some rounding up while shopping on my vacation. That further increased the Net Worth of My Doubling Adventure.

Here is an updated balance sheet...

Assets


Cash 5,464.00
Accounts receivable 162.00
Inventory 185.88
Personal loan 1,100.00
Business loan 4,268.08


Total assets 11,179.96




Liabilities


Total liabilities 0.00




Net worth 11,179.96


.