Step 19 - Quick update

Here is just a quick update on the current state of my doubling Net Worth. Although there is no much changes since last update, Net Worth went down. The main reason for this is the lower value of USD, and significant part of my Doubling Assets are denominated in USD. I expect that when trading takes off at the beginning of January eventual profits from forex trading will offset the negative effect of weakening US dollar.

Assets
Cash	1,584.71
Money market fund	14,035.76
Forex trading account	9,905.90
Online investment program	425.43
Personal loan	110.00
Total assets	26,061.79
Liabilities
Credit card balance	10,212.48
Total liabilities	10,212.48
Net worth	15,849.32

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Step 19 - Progress report

Here is a quick update on the current state of My Doubling Adventure's progress. Loss that I reported in my last post is almost completely recovered. There will be no trading during the holidays so further results are to be expected in January. I invested small amount of my cash in one online high yield / high risk investment. Will see how it will end up. There is a very high chance of losing complete investment, but return is rather high so I consider it to be worth taking a risk for small amount of overall wealth of this project.

I'm thinking to add more to my forex trading account or to one another online high yield investment. Will think about it and make a decision in a next few days.

Current balance sheet for My Doubling Adventure Project....

Assets
Cash	1,681.56
Money market fund	14,023.80
Forex trading account	10,090.01
Online investment program	406.25
Total assets	26,201.62
Liabilities
Credit card balance	10,190.59
Total liabilities	10,190.59
Net worth	16,011.02

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Step 19 - Forex trading continues

Currently, my forex account has a small drawdown of 3.41%. This includes both closed positions and still floating positions.

Cash reserves increased mainly due to doubling income tax. I was thinking to add more to my forex trading account, but maybe I will try to find some other investment or business opportunity. Will decide in the near future.

Assets
Cash	1,586.93
Money market fund	14,000.00
Forex trading account	9,792.40
Total assets	25,379.34
Liabilities
Credit card balance	10,172.79
Total liabilities	10,172.79
Net worth	15,206.55

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Step 19 - Forex trading

Here is a quick update of My Doubling Adventure balance sheet...

Assets
Cash	562.39
Money market fund	14,000.00
Forex trading account	9,839.38
Total assets	24,401.77
Liabilities
Credit card balance	10,003.85
Total liabilities	10,003.85
Net worth	14,397.93

I will probably add more to my forex trading account, but not sure yet. Will decide in the next week or two.

Step 19 - Forex trading

I opened managed forex trading account and deposited 2,000 USD of My Doubling Adventure's capital. I funded it with credit card so there is liability to be recorded in the balance sheet of My Doubling Adventure. Trading already started and there is small profit (still floating). I expect this to be very exciting ride and hope it will help to increase my doubling Net Worth.

Assets
Cash	348.25
Money market fund	13,846.09
Forex trading account	10,035.37
Total assets	24,229.71
Liabilities
Credit card balance	9,924.91
Total liabilities	9,924.91
Net worth	14,304.80

In DYWTAM Project I successfully completed Step 10, and started to work on Step 11.


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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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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