I Doubled My Money Again
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With my $2.21 in hand, I visited the local Goodwill store. There I found a very clean copy of George Orwell’s 1984.
Half.com to sell my book this time around. I was pleased to see that its commission was much more reasonable. However, its shipping allowance for sellers was also lower, and, as I suspected, the site doesn’t get nearly as much traffic as Amazon, so the book took a bit longer to sell. Here are the details:
#15633537101
1984 : George Orwell (Paperback, 1990)
ISBN-10 : 0451524934 ; ISBN-13 : 9780451524935
Condition: Very Good*Very clean copy.
Price: $2.23 | Shipping Reimb: $2.64 | Commission ($0.33) | Total: $4.54
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By the way, if you’re a fan of used books (as I am), you might want to check Half.com out. They charge less for shipping, and charge a lower commission to sellers as well, so the result is that books tend to be a better deal there. (After all, Amazon’s $3.99 shipping charge alone is more than most used paperback books sell for at brick-and-mortar stores.) You can search Half.com’s used book inventory, and support this site as well, by using the widget to the right.
Shipping cost me $2.13 this time around, so I netted $2.42. With the dollar I found a few days ago, that brings me to $3.42 total. That puts me at step 5! Only 19 more doubles to go until a million.
The used book strategy seems to be working well for these small amounts of money, but as you might guess, it will soon reach the point where it will take too much time out of my day to hunt them down, post them online, pack, address, and ship them.
I’ll stick to Rule 6, though, and not worry about that for now. For the time being, I can buy at least three more books with my $3.42, and I see no reason not to continue my present strategy.