Monday, November 19, 2007

Step 19 - Update

It was a while since I made an update on My Doubling Adventure's Net Worth. So here it is one quick update.

Philippine private business deal ended up with success. I got 20% interest by the end of September and decided to withdraw both my capital and profits. Got all my funds safe and secure via Western Union. In total I made 41.94% of ROI since I started to participate in this deal back in May. Not bad. But the whole deal was extremely risky, so I'm happy to have all my funds back in safe.

I didn't take part in IPO deal that I mentioned back in August. Some things happened that made this deal less attractive, so I just skip it.

After all that, I parked majority of My Doubling Adventure's funds in money market fund, waiting to find some interesting and potentially profitable venture.

Here is the current balance sheet of My Doubling Adventure Project...

Assets


Cash 20.00
Money market fund 13,820.00


Total assets 13,840.00




Liabilities


Total liabilities 0.00




Net worth 13,840.00

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Tuesday, November 13, 2007

Current Status of DYWTAMP

Long time since my last post. But I silently work on my DYWTAM Project. Completed Step 8 on October 1, and today I completed Step 9. I'm satisfied with the progress. The most important is that I didn't brake any rules. It's more fun this way. In few days it will be 3 months since I started DYWTAMP.

Here is a brief description of my progress so far....

Step 1: 0.00 kn - 0.10 kn
Started with: 0.00 kn
Found money: 0.10 kn
Math: 0.00+0.10=0.10

Step 2: 0.10 kn - 0.20 kn
Started with: 0.10 kn
Found money: 0.20 kn
Removed as surplus: 0.10 kn
Math: 0.10+0.20-0.10=0.20

Step 3: 0.20 kn - 0.40 kn
Started with: 0.20 kn
Found money: 0.30 kn
Removed as surplus: 0.10 kn
Math: 0.20+0.30-0.10=0.40

Step 4: 0.40 kn - 0.80 kn
Started with: 0.40 kn
Found money: 0.40 kn
Math: 0.40+0.40=0.80

Step 5: 0.80 kn - 1.60 kn
Started with: 0.80 kn
Redeemed found plastic bottle: 0.50 kn
Found money: 1.00 kn
Removed as surplus: 0.70 kn
Math: 0.80+0.50+1.00-0.70=1.60

Step 6: 1.60 kn - 3.20 kn
Started with: 1.60 kn
Found money: 1.70 kn
Coin trading profits: 0.05 kn
Removed as surplus: 0.15 kn
Math: 1.60+1.70+0.05-0.15=3.20

Step 7: 3.20 kn - 6.40 kn
Started with: 3.20 kn
Found money: 1.45 kn
Coin trading profits: 2.00 kn
Removed as surplus: 0.25 kn
Math: 3.20+1.45+2.00-0.25=6.40

Step 8: 6.40 kn - 12.80 kn
Started with: 6.40 kn
Found money: 0.95 kn
Coin trading profits: 2.50 kn
Donations: 3.00 kn
Removed as surplus: 0.05 kn
Math: 6.40+0.95+2.50+3.00-0.05=12.80

Step 9: 12.80 kn - 25.60 kn
Started with: 12.80 kn
Found money: 2.10 kn
Coin trading profits: 6.50 kn
Donations: 1.20 kn
Plastic bottles trading: 3.00 kn
Math: 12.80+2.10+6.50+1.20+3.00=25.60

Detailed diary of events can be found here...
DYWTAM Project


Saturday, September 15, 2007

Step 7 of DYWTAM Project Completed

DYWTAM Project has a nice progress. On September 13 I completed Step 7. It was Day 22 of DYWTAM Project, and Day 13 of Step 7. I started Step 8. Did my first coin trade with 1 kn profit.

I will soon list capital I accumulated in My Doubling Adventure. I plan to use that capital as my trading capital. Will probably try myself in forex trading. I will learn and demo for at least 3-6 months, with at least 3 months of profitable trading before I decide to go with live account. Till then I will keep learning and accumulating more trading capital from various sources.

Wednesday, September 5, 2007

DYWTAM Project

About two weeks ago I started new doubling project called DYWTAM Project. I started it because I wanted to run a real doubling project, by the rules of the Free Report How To Double Your Way to a Million. I started My Doubling Adventure with the same goal, but over the time I stopped playing by the rules. I will not do the same mistake with DYWTAM Project.

I keep a diary of events (per Rule 6) for DYWTAM Project on a separate blog ...
http://dywtamp.blogspot.com

This blog will serve more like discussion blog about my progress and my future plans (and everything else I see fit).

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

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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

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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


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