Wednesday, June 4, 2014

Goal Progress: Start of June 2014

At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog.

Last update: May 31, 2014
Last value: $5,750
Change from last month: + $869
Percent of Goal:  5.04%

Note that the funds in this account are invested in stock, so there will be fluctuations in value that are outside my control. I never withdraw money from this account, so any dips are purely due to stock price changes.

Events Of Note Last Month: All my gains this month came from eBay. Around 15 years ago, I was really into Stephen King and bought a couple signed and numbered limited editions of his books. A few weeks ago, I saw those books on my shelf and realized I should get rid of them. My plan when I bought them was to hold on to them until King died, at which point I figured the price would skyrocket. While that may still happen, I realized I should probably sell them now. I'm not that into Stephen King any more (I was so disappointed with the end of the Dark Tower series, that I haven't read another King book since) and I figure the longer I hold on to them, the greater the chance that they'll get damaged somehow, thus reducing their value. So I sold three of the six books I have and netted almost $1,000 after all the eBay and PayPal fees. Considering I bought the books at retail (about $75 - $100 each), that's a decent return. The other three are still up for sale, but probably won't bring in as much as the first three did.


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