Saturday, June 30, 2007

Step 17 - part 2

Objective: 3,200.00 - 6,400.00 HRK

Yesterday I sent 300 USD from my doubling capital as an investment in one private business deal in Philippines. In Croatian kunas it was 1,639.59. Additionally, there was money transfer fee of 85.90 HRK, and I will count it as cost, not as an investment. So, 1,639.59 HRK changed it's status from Available Capital to Invested Capital, while 85.90 is regarded just as a cost, and my capital is decreased for that amount.

My casino investment finally showed up in my debit card statement, so I took out the amount from my doubling capital. It is 1091.70 HRK, and that amount also changed it's status from Available Capital to Invested Capital.

In total, now I have 3,236.42 HRK as Invested Capital and 305.15 as Available Capital, giving me the Total Capital of 3,541.57 HRK.

Available Capital: 305.15 HRK
Invested Capital: 3,236.42 HRK
Total Capital: 3,541.57 HRK

Friday, June 29, 2007

Step 17

Objective: 3,200.00 - 6,400.00 HRK

Since last post I made two new investments. I ordered 6 copies of my book and they are now in the process of printing. It cost me 227.63 HRK, so I will remove that amount from Available Capital and move it to Invested Capital. I also invested 100 GBP in new casino account. Since this cost still didn't showed up on my debit card balance statement, I didn't took out this amount from my doubling capital, so Available Capital remains unchanged same as Invested Capital. Once it shows on my debit card statement I will move appropriate amount from Available Capital to Invested Capital.

Tomorrow I will send 300 USD of my doubling capital via Western Union to Philippines as my investment in one private business deal.

Currently, I have 3,050.00 HRK in my Available Capital. Largest addition to my doubling capital was 250 HRK as part of the money I made from one data analysis freelance work.

Interestingly, I still pick up any coin I found anywhere. For example, this evening I found 0.10 HRK coin during the walk with my daughter and wife, and I picked it up and add it to my doubling capital almost with the same joy as in the beginning of My Doubling Adventure.

Available Capital: 3,050.00 HRK
Invested Capital: 505.13 HRK
Total Capital: 3,555.13 HRK


Tuesday, June 26, 2007

Step 16 - part 14

Objective: 1,600.00 - 3,200.00 HRK

I sold 3rd copy of my book. Also, received some donations, make some savings and after all transactions my current Available Capital is 2,952.63 HRK. After I sold last copy of my book Invested Capital is 277.50 HRK. Total Capital is 3,230.13 HRK, and that means I completed Step 16.

I got an email from casino where I played with my doubling capital. They will send me my 300.50 USD via bank draft as requested. I should receive bank draft in about 10-15 working days. Until I cash the bank draft I will count as that I have 277.50 HRK (50 USD) in Invested Capital (that is the amount I initially invested in this casino venture).

Now that I convert almost all of the Invested Capital back to cash or Available Capital it's time to start next investing cycle. After I make this post I will go to Lulu.com and order 6 copies of my book. After some thinking I decided to scale down my order from 10 copies to 6 copies. Also, I will open account at some other online casino and will deposit 100 GBP for 100 GBP bonus. Hope those new investments will also prove to be profitable as those I just completed.

I also decided to sell some of my books I acquire over the years. I will not sell books that are important to me, but those that just lay around and actually represent dead capital that I could use very well if I convert them in some form of live capital. Yesterday, I already post one of my books at one Croatian auction site and after some 30 minutes got first bid. Now I need to choose which books will I try to sell and post them all at the auction site. Hope to do that in the next few days.

Available Capital: 2,952.63 HRK
Invested Capital: 277.50 HRK
Total Capital: 3,230.13 HRK

Step 16: Completed!

Sunday, June 24, 2007

Step 16 - part 13

Objective: 1,600.00 - 3,200.00 HRK

Since last post I manage to increase my Available Capital to 2,441.63 HRK. Invested Capital is still 318.07 HRK. I manage to find customer for 3rd copy of my book. Once I complete this transaction Invested Capital will go down for 40.57 HRK and Available Capital will go up for 75.00 HRK.

I also successfully completed my casino gambling venture. My final balance after I completed all wagering requirements was 300.50 USD which brings me profit of 250.50 USD. I requested withdrawal via bank draft, so there will be some additional costs connected with cashing out bank draft. But ROI is still quite remarkable. To reach that ROI I played both Roulette strategy and BlackJack strategy. I decided to play only BlackJack strategy in my future casino gambling ventures.

My further plans include investing in production of 10 additional copies of my book, investing in another casino gambling venture, and investing in private business project in Philippines. All those investments will leave me almost with zero in Available Capital, but that is OK as capital should be deployed in creation of surplus value.

Available Capital: 2,441.63 HRK
Invested Capital: 318.07 HRK
Total Capital: 2,759.70 HRK

Thursday, June 21, 2007

Step 16 - part 12

Objective: 1,600.00 - 3,200.00 HRK

I sold two books since last post (well, one of that two books I purchase myself). Price per book is 75 HRK, so that brings 150 HRK to my doubling capital. I also added 135 HRK as doubling income tax. Additionally, there were different smaller amounts added to my doubling capital. My Available Capital is 2,437.48, and my Invested Capital is 318.07, which gives Total Capital of 2,755.55.

I plan to invest in printing of 10 more copies of my book. Also, I plan to invest $300 of my doubling capital in one private business project in Philippines. I invest in that project my non-doubling capital, so thought it could be nice to put some of my doubling capital in that deal.

My gambling venture is doing fine. Currently my balance at the casino is about $270. Not bad for $50 investment plus $100 casino bonus.

Available Capital: 2,437.48 HRK
Invested Capital: 318.07 HRK
Total Capital: 2,755.55 HRK


Monday, June 18, 2007

Step 16 - part 11

Objective: 1,600.00 - 3,200.00 HRK

Just got 3 copies of my book I ordered from Lulu.com. Everything is fine with the print and I will order additional copies. I'm pondering should I order 10 or 15 copies.

Now books are here I need to sell them and return my invested capital with profit. In this order my cost per book is 121.70 / 3 = 40.57 HRK. I will set the retail price at 75.00 HRK which will bring 34.43 HRK of profit per book, or almost 85% of ROI. But, it's still only a plan. I have to actually sell them.

My second currently running venture, roulette gambling venture, is also going pretty well. My current balance at the online casino is 238 USD (50 USD invested), and I still have to bet only about $200 before I reach wagering requirement. I hope nothing bad will happen in those last few bets I still have to play. If everything goes well this venture will also bring very, very nice ROI.

I didn't have any significant addition to my doubling capital. Currently, my Available Capital is 2,112.08 HRK, and Invested Capital is still the same, 399.20 HRK. That brings Total Capital at 2,511.28 HRK.

Available Capital: 2,112.08 HRK
Invested Capital: 399.20 HRK
Total Capital: 2,511.28 HRK


Friday, June 15, 2007

Step 16 - part 10

Objective: 1,600.00 - 3,200.00 HRK

Both of my investments made with debit cards finally showed up in my debit card statements and I decided to take the amount owed from my doubling capital. It is 121.70 HRK for printing 3 copies of my book, and 277.50 HRK for my gambling capital, for total of 399.20 HRK. This amount became my Invested Capital, still part of my Total Capital.

Since last post I added almost 300 HRK to my doubling capital from different sources. Largest amount, 141 HRK, is added as doubling income tax.

In total, my doubling capital is currently equal to 2,497.66 HRK.

Available Capital: 2,098.46 HRK
Invested Capital: 399.20 HRK
Total Capital: 2,497.66 HRK