Sunday, June 10, 2012

SLOW SALES THIS WEEK AT THE FLEA MARKET

This week's sales were pretty slow at the flea market, didn't make much money, but it was a great learning experience.  The guy who sat up next to us did over $800 in sales from 7 am to 1 pm.  He was giving us pointers on how to improve sales, so we're both anxious to go back next week and give it another shot.  What was encouraging about it for me was seeing that it can be done.  This guy told me he makes $40,000 a year doing 1 day a week at the flea market and selling some on Ebay.  So I'm getting my Ebay listings ready and gearing up for my second flea market next Saturday.  Looking forward to a much better weekend!


My stocks did pretty well this past week.  Sold my stake in CS after they paid their dividend.  Lost money on that investment, but I redeployed the cash by buying a stake in PFE for my IRA account.  Didn't collect any dividends for my IRA this past week, however, I did collect dividends from INTC, CNP and EXC for my taxable account.  I reinvested the dividends in CNP and EXC to increase my stakes in both stocks.  Sold my stake in WAC in my taxable account.  So I lost the annual dividend from CS, but gained 4 quarterly dividends from PFE.  However, I also lost 4 quarterly dividends from WAC, so I'm down a total of 1 dividend payment (-1+4-4= -1).  When my business starts producing more cash I'll be able to get my 365 days of dividends back on track, but until then it's liable to be slow going.

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