Feb - 20 - 2011 - Millionaire Vow
Millionaire Vow
On February
2nd I made a vow that I won’t cut my hair, my beard, or take a drink
of alcohol until Mandy and I have a net-worth of at least $1,000,000. I
calculated our net-worth to be (-$17,812.53).
The breakdown of that calculation is below.
|
Net worth |
|||||
|
Item |
total value |
Still owe |
|||
|
Ozark acres lot |
$1,800.00 |
$0.00 |
|||
|
Twin Bridges Land |
$17,000.00 |
$15,000.00 |
|||
|
Toyota Camry (scrap value) |
$150.00 |
$0.00 |
|||
|
Mazda mx6 (scrap value) |
$150.00 |
$0.00 |
|||
|
white Ford F150 |
$650.00 |
$0.00 |
|||
|
Ford Bronco |
$1,200.00 |
$0.00 |
|||
|
black ford F150 |
$800.00 |
$0.00 |
|||
|
Chevy blazer |
$1,000.00 |
$0.00 |
|||
|
1968 ford Mustang |
$1,600.00 |
$0.00 |
|||
|
350 Windsor Engine |
$600.00 |
$0.00 |
|||
|
c4 transmission |
$150.00 |
$0.00 |
|||
|
White Ford Lincoln |
$800.00 |
$0.00 |
|||
|
BMW |
$800.00 |
$0.00 |
|||
|
Ford Mini van |
$1,000.00 |
$0.00 |
|||
|
Honda Shadow |
$3,200.00 |
$550.00 |
|||
|
14 x 25b building |
$1,700.00 |
$0.00 |
|||
|
12x56 trailer |
$5,000.00 |
$0.00 |
|||
|
5 goats @ $45 each |
$225.00 |
$0.00 |
|||
|
15 chickens @ $3 each |
$45.00 |
$0.00 |
|||
|
4 dogs @ $0 |
$0.00 |
$0.00 |
|||
|
3 cats @ $0 |
$0.00 |
$0.00 |
|||
|
acetylene torch/ hose regulators |
$150.00 |
$0.00 |
|||
|
acetylene Tank 10 cf |
$60.00 |
$0.00 |
|||
|
acetylene Tank 40 cf |
$89.00 |
$0.00 |
|||
|
oxygen tank 20cf |
$70.00 |
$0.00 |
|||
|
Oxygen Tank 60cf |
$124.00 |
$0.00 |
|||
|
Jewelry Tools |
$500.00 |
$0.00 |
|||
|
extra cutting torch/hose/regulator |
$50.00 |
$0.00 |
|||
|
3 large upright tool boxes @ $50 each |
$150.00 |
$0.00 |
|||
|
220 Lincoln arc welder (used) |
$150.00 |
$0.00 |
|||
|
110 wire welder (new) |
$120.00 |
$0.00 |
|||
|
110 stick welder |
$75.00 |
$0.00 |
|||
|
black tools |
$160.00 |
$0.00 |
|||
|
skill saw |
$25.00 |
$0.00 |
|||
|
recipricating saw |
$50.00 |
$0.00 |
|||
|
drill |
$25.00 |
$0.00 |
|||
|
2 torque wrenches @ $20 each |
$40.00 |
$0.00 |
|||
|
misc tools |
$250.00 |
$0.00 |
|||
|
big air con |
$400.00 |
$0.00 |
|||
|
5 panel burner new |
$120.00 |
$0.00 |
|||
|
5 panel burner used |
$40.00 |
$0.00 |
|||
|
kerosene heater |
$125.00 |
$0.00 |
|||
|
generator |
$750.00 |
$0.00 |
|||
|
bed |
$700.00 |
$0.00 |
|||
|
scrap out back |
$600.00 |
$0.00 |
|||
|
stove |
$75.00 |
$0.00 |
|||
|
dryer |
$250.00 |
$0.00 |
|||
|
dryer |
$350.00 |
$0.00 |
|||
|
washer |
$350.00 |
$0.00 |
|||
|
go carts |
$100.00 |
$0.00 |
|||
|
lawnwowers and tiller |
$400.00 |
$0.00 |
|||
|
weed eater |
$375.00 |
$0.00 |
|||
|
jewelry tools |
$400.00 |
$0.00 |
|||
|
little torch |
$125.00 |
$0.00 |
|||
|
gem stones |
$500.00 |
$0.00 |
|||
|
misc jewelry parts |
$300.00 |
$0.00 |
|||
|
large chest freezer |
$100.00 |
$0.00 |
|||
|
small chest freezer |
$50.00 |
$0.00 |
|||
|
refrigerator |
$75.00 |
$0.00 |
|||
|
misc appliances and dishes |
$350.00 |
$0.00 |
|||
|
misc furniture |
$350.00 |
$0.00 |
|||
|
firearms undisclosed number |
$1,600.00 |
$0.00 |
|||
|
fishing equipment |
$250.00 |
$0.00 |
|||
|
v-bottom boat |
$250.00 |
$0.00 |
|||
|
flat bottom boat |
$250.00 |
$0.00 |
|||
|
truck cap fiberglass |
$550.00 |
$0.00 |
|||
|
owe grampa sneary |
$4,200.00 |
||||
|
loan from Karen |
$100.00 |
||||
|
Doug student loans |
$33,541.50 |
||||
|
Mandy Student Loans |
$30,445.03 |
||||
|
current stock value sharebuilder |
$1,550.00 |
||||
|
current stock value zecco |
$85.00 |
||||
|
bancorpsouth checking - Doug |
$2,200.00 |
||||
|
bancorpsouth checking - business |
$9.00 |
||||
|
FNBC Checking - Doug |
$10.00 |
||||
|
TLC Community credit union - checking |
$41.20 |
||||
|
TLC Community credit union - savings |
$45.75 |
||||
|
doug expected taxes |
$800.00 |
||||
|
Mandy expected taxes |
$7,200.00 |
||||
|
expected from gold sales |
$940.00 |
||||
|
2 - 100 # propane tank @ $100 |
$200.00 |
||||
|
150 gallon propane tank |
$250.00 |
||||
|
Trampolene |
$200.00 |
||||
|
table saw |
$100.00 |
||||
|
bass guitar w/ accessories |
$375.00 |
||||
|
saxaphone |
$250.00 |
||||
|
clarinet |
$250.00 |
||||
|
tire changing machine |
$75.00 |
||||
|
desktop computer |
$600.00 |
||||
|
terrabyte hard drive |
$100.00 |
||||
|
2 laptops @ 300 each |
$600.00 |
||||
|
laser printer |
$300.00 |
||||
|
screenplay |
$100.00 |
||||
|
$66,023.95 |
$83,836.53 |
||||
|
Net Worth |
-$17,812.58 |
||||
I
will be updating this each month as to our progress and I will try and post
everything that increases or decreases our Net-Worth. Each month I will try to
post a record of our stock transactions so anyone that is interested can see
our progress. Please do not buy any stocks that I am buying and selling unless
you research them thoroughly. I am an armature in the stock market. Over the
last couple months I have developed a plan on how to turn a $2000 investment
into $1,000,000 in about a year and a half. I estimate that Mandy and I will
reach our goal by Nov. 27th 2012.
I am
posting this on Feb 20th 2011. I have sold most of my long term
stocks and I am getting ready to implement my plan on March 18th
2011. My plan will consist of flipping penny stocks in large quantities at a
very small increase in the price per share to achieve a slow but steady
increase in our investment money.
Our
stock positions are as follows as of Feb 20th 2011
With broker #1
HCKI
– 131,000 shares – valued at $52.40 as of Friday 18th
BKPR
– 18,000 shares – valued at $18.00 as of Friday 18th
Cash
balance - $0.50 in my account as of Friday 18th
Broker #2
AVOP
– 191740 shares - valued at $1289.26 as of Friday 18th
Cash
Balance – Money Market Cash - $163.18 as of Friday 18th
I
will post any changes for February on March 1st.
Categories: Millionaire Vow
Tags: Millionaire Vow Millionaire Vow stocks
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